Virgin stake

Middle Eastern airline Etihad has completed its goal of gaining a 19.9 per cent stake in Virgin Australia, making it the carrier's second-biggest shareholder. Its stake puts it slightly ahead of Singapore Airlines, which has a 19.83 per cent holding.

By InvestSMART · 11 Oct 2013

By InvestSMART ·
11 Oct 2013

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Frequently Asked Questions about this Article…

What stake has Etihad acquired in Virgin Australia?

Etihad has completed its goal of acquiring a 19.9% stake in Virgin Australia, making it a major shareholder in the carrier.

How does Etihad's 19.9% stake compare with Singapore Airlines' holding in Virgin Australia?

Etihad's 19.9% stake is slightly ahead of Singapore Airlines' 19.83% holding, giving Etihad the marginally larger ownership share.

What does it mean that Etihad is now Virgin Australia's second-biggest shareholder?

Being the second-biggest shareholder means Etihad holds the second-largest ownership percentage in Virgin Australia among its investors, according to the article.

Which companies are mentioned in the article about the Virgin Australia stake?

The article mentions Middle Eastern airline Etihad, Virgin Australia, and Singapore Airlines.

Does the article say who the largest shareholder of Virgin Australia is?

No — the article does not identify who the largest shareholder of Virgin Australia is; it only states that Etihad is now the second-biggest shareholder.

Does the article explain how Etihad completed its 19.9% stake purchase?

No — the article states Etihad has completed its goal of gaining a 19.9% stake but does not provide details on how the stake was acquired.

How big is the gap between Etihad's and Singapore Airlines' stakes in Virgin Australia?

The gap is very small: Etihad's 19.9% versus Singapore Airlines' 19.83% equates to a difference of 0.07 percentage points.

Does the article mention any strategic or operational changes at Virgin Australia resulting from Etihad's stake?

No — the article does not mention any strategic, operational, or governance changes linked to Etihad's acquisition of the 19.9% stake.