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It’s not strictly cargo, but for anyone with a passing interest in Etihad’s equity stake strategy, this is an interesting article from the Wall St Journal. With the Abu Dhabi carrier’s results just out, revenues generated by codeshares and equity alliance partners rose 25% year-on-year. Those stakes also allow it to expand its network quickly. But is it the same “Hunter strategy” that significantly contributed to the downfall of Swissair?