Etihad formally takes third of Darwin

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By TESTCustomwebLP TESTCustomwebLP June 3, 2015 21:22

Etihad formally takes third of Darwin

Etihad Airways has formally become a 33.3% shareholder of Swiss regional Darwin Airline, operating under the brand of Etihad Regional, following approval from Switzerland’s Federal Office of Civil Aviation (FOCA).The Board of Etihad Regional has appointed Etihad CCO Peter Baumgartner as vice chairman and Etihad SVP-audit, compliance and risk Harsh Mohan as director. Etihad president and CEO James Hogan called the investment “an important one for aviation in Switzerland as it promotes competition and provides additional choice for tourist and business travelers. 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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By TESTCustomwebLP TESTCustomwebLP June 3, 2015 21:22