.
Etihad Airways has lifted its stake in Virgin Australia Holdings Limited (ASX:VAH) to the maximum amount permitted by the Foreign Investment Review Board.
The Abu Dhabi based airline says it’s increased its shareholding to 19.9 per cent, up from a previous 17.4 per cent stake.
The airline has been gradually increasing its stake and has received FIRB approval to lift its interest to 19.9 per cent.
It now owns the same proportion of shares in Virgin Australia as Singapore Airlines.
The local airline's largest shareholder is Air New Zealand with a 22.99 per cent stake.
Virgin booked a net loss of $98.1 million in fiscal 2013.
