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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 · 11 Oct 2013
By ·
11 Oct 2013
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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.
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Frequently Asked Questions about this Article…

Etihad has completed its goal of acquiring a 19.9 per cent stake in Virgin Australia, making it the airline’s second-biggest shareholder.

Yes — the article reports Etihad has completed its goal of gaining the 19.9 per cent stake in Virgin Australia.

No. Etihad is described as the carrier’s second-biggest shareholder. The article does not name the largest shareholder.

Etihad’s 19.9 per cent stake is slightly ahead of Singapore Airlines, which holds 19.83 per cent.

A 19.9 per cent stake is a sizeable minority holding. The article only reports the percentage and ranking; it does not say Etihad has control or a majority stake.

The article mentions Etihad with a 19.9 per cent stake and Singapore Airlines with a 19.83 per cent holding.

No. The article only reports that Etihad completed a 19.9 per cent stake and its ranking as second-biggest shareholder; it does not provide details on operational or strategic impacts.

The difference is very small — Etihad 19.9% versus Singapore Airlines 19.83% (about 0.07 percentage points). The article doesn’t give guidance, but everyday investors may want to monitor shareholder developments and any official announcements for potential implications.