After months of negotiations, Etihad Airways and Alitalia announced Wednesday they have agreed to a deal that will see the fast-expanding Abu Dhabi-based carrier take a 49% stake in the struggling Italian flag carrier. In a brief statement, the two carriers confirmed they had “agreed on the principal terms and conditions of a proposed transaction whereby Etihad Airways will acquire a 49% equity stake in Alitalia. The airlines will now move to finalize the transactional documents, which ...
Subscribe to Access this Entire Article
"Etihad confirms deal for 49% stake in Alitalia" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.