Airlines | Flag Carrier | IPO
Etihad Airways to Launch $1 Billion IPO
Etihad Airways, based in Abu Dhabi, is poised to announce the launch of a $1 billion initial public offering (IPO) this week. This strategic move involves offering a 20% stake in the airline through the issuance of 2.7 billion new shares, with the primary objective of funding its ambitious growth plans.