Etihad Airways, which has a 10-year partnership with Virgin Australia, in 2012 said the Australian Foreign Investment Review Board (FIRB) has cleared the way for its increased investment in Virgin Australia of up to 10%.
Etihad Airways and Virgin Australia operate 24 flights per week between Australia and Abu Dhabi. These flights include code-sharing, reciprocal frequent flyer benefits and joint-bidding for corporate contracts.
Etihad is owned by the Abu Dhabi government and has recently been on a buying spree. With a modern fleet of 67 aircraft, the airline serves 84 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and North America.