FRANKFURT—Etihad Airways continues to retrench from its European investments, selling its stake in Darwin Airline to Adria Airways. Etihad has held a 33% stake in the Swiss regional carrier, which operated under the Etihad Regional brand. “The decision to sell this minority stake is the result of the ongoing strategic review of our investments and a decision to concentrate on our other partnerships,” Kevin Knight, Etihad Aviation Group’s chief strategy and planning ...

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