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Etihad Airways closes deal for 33.3% of Darwin Airline

Etihad Airways has acquired a 33.3% stake in the share capital of Darwin Airline – already operating under the Etihad Regional brand – following approval from Switzerland’s Federal Office of Civil Aviation (FOCA).“This is great news for European travellers and Darwin Airline alike. Consumers from Europe will enjoy greater connectivity options, while Darwin Airline will have increased sales and marketing opportunities and the chance to benefit from Etihad Airways’ global network,” remarked Maurizio Merlo, Etihad Regional’s CEO. “We are looking forward to the journey with our new shareholder and strategic partner, Etihad Airways.”The board of Etihad Regional has appointed Etihad Airways’ CCO Peter Baumgartner as vice chairman and Etihad Airways’ SVP audit, compliance and risk, Harsh Mohan, as director.“We are pleased to confirm that Etihad Airways is now the shareholder of 33.3% of Darwin Airline. This investment is important for aviation in Switzerland as it promotes competition and provides additional choice for tourist and business travellers,” added James Hogan, Etihad Airways’ president and CEO. “Etihad Regional is, and will continue to be, majority owned by Swiss shareholders and operated by Swiss management. The airline becomes the eighth member of the Etihad Airways equity partnership, Etihad Airways Partners, and the fifth partner in Europe.”

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