Etihad raises $500 million to expand fleet
Etihad Airways has said today that it has raised $500 million with five equity partners for capital expenditure and fleet expansion among others.
The funds have been secured from road shows across Abu Dhabi, London and Dubai. The money has been raised from a special purpose vehicle,
"The success of this transaction is a major endorsement of the shared vision and strategies of these businesses by the global financial community,"
Image credit: Indiatimes
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