A possible lifeline for Alitalia appeared closer Sunday as the Italian flag carrier said that Etihad Airways was close to deciding if it would commit to an investment. The two airlines announced in December that talks were ongoing over a possible investment by Abu Dhabi-based Etihad in loss-making Alitalia. Alitalia received a €300 million ($413 million) cash injection some weeks ago, but continuing heavy losses had led some observers to forecast another financial crunch for the Italian ...
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