alitalia
Not for the first time, the future of Italian flag carrier Alitalia hangs in the balance, after trade unions voted against a potential rescue deal on 24 April.
Despite an agreement signed in 2014, in which Abu Dhabi’s Etihad took a 49% stake in the auirline, Alitalia has faced continued pressure from low-cost airlines and a fall-off in traffic following the recent terrorist attacks in Europe. At the same time, it ...
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Lufthansa's time:matters Special Speed Logistics arm has added Alitalia destinations to its Sameday network, giving to numerous direct connections to and from Italy and within the country. Almost 400 additional connections are now available from major business hubs such as Milan and Rome to cities such as Amsterdam and Budapest ...
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Eithad and Alitalia have finalised their plans for the Abu Dhabi-based airline to take a €560 million in the Italian carrier, subject to regulatory approval, with core Alitalia shareholders committing an additional €300 million. A further €598 million in financial restructuring of short and medium term debt will be provided ...
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The European Commission’s DG Transport is to hold a preliminary inquiry into Etihad's purchase of stakes in European airlines to see if they breach EU rules on ownership and control of European companies. The Abu Dhabi-based carrier has already taken stakes in Air Berlin and is in the processing of ...
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Abu Dhabi's Etihad Airways says it is close to reaching agreement on a deal to buy a stake in troubled Italian flag carrier Alitalia. The process has entered the final phase of a due diligence process and both companies are now working on a common strategy. The size of Etihad's ...
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