Aer Lingus share price rose by more that 6 per cent on Thursday after Etihad Airways, the Middle East’s third-largest carrier, said it may invest in the Irish airline. Etihad Airways posted a first annual profit and said it is mulling further purchases following an investment in Air Berlin Plc, with Ireland’s Aer Lingus Group Plc being monitored.
Abu Dhabi-based Etihad is "looking at a range of carriers" and would seriously consider one or two global opportunities to help feed its network, James Hogan, CEO, Etihad Airways said recently, adding that there are no advanced talks. Aer Lingus shares closed 5.2 per cent up yesterday, according to a report in the Irish Examiner. |