Australian Authorities have cleared the proposal of Abu Dhabi based Etihad Airways to buy stake in Virgin Australia. Etihad Airways expects better revenue and strengthened position with higher stake in Virgin Australia.

Etihad Airways, Abu Dhabi based Airline that faced a large number of challenges of the global market amid recessionary fear prevailing in the region over western debt woes, hoped that though time will over very soon and the firm will return to profit.

The Air Cargo company in Abu Dhabi has airlifted in twenty-two live sturgeon for encouraging its efforts for developing the world's largest caviar factory. The company in question, Etihad Crystal Cargo, made a delivery of a shipment of Siberian sturgeon, whose arrival took place safely on the 21st of last month at the fish farm situated in Musaffah. The plant is a joint venture made by Bin Salem Holding, a local company; with the German conglomerate United Food Technologies.

Etihad Airways, the national carrier of UAE, would come up with a contact center in Manchester in Britain which is expected to become operational in 2012. The carrier already has contact centers in India and Australia.

Air New Zealand and UAE based Etihad Airways have joined hands by signing a code-share deal. The move is expected to benefit both companies with prospectus of rise in passenger growth. Air New Zealand would code- share on Etihad's services between Sydney, Brisbane, Melbourne, Abu Dhabi and London Heathrow. The deal is expected to materialize within a month after getting required approval from the respective governments.

Last night police has informed that there have been abstractions by a passenger jet to Stansted Airport under RAF escort. For this reason they have arrested a British citizen.

The Etihad aircraft took-off from Abu Dhabi to London Heathrow yesterday but the route got changed as a passenger started threatening the other passengers. The aircraft got accompanied by two RAF jets that were moved quickly to save the passengers.

The fight that UAE has been having with Canada regarding landing rights might destroy trade relations both the nations have with each other; the chief of the Canadian Business Council in Dubai gave a warning.

According to Shane Philips, a business consultant in Dubai, the freshly established visa constraints might reduce the Canadian attendance at trade shows within the UAE.