Etihad buys 49 percent of loss-making Alitalia (12)

Taiwan News 2014.08.08 20:34
Gulf's Etihad boosts European airline holdings with 49 pct stake in loss- making Alitalia Associated Press ROME (AP) - Gulf airline Etihad Airways has signed a deal to take a 49 percent stake in Italy's Alitalia airline and invest 560 million euros ($750 million) to save the loss-making national carrier, restructure it and return it to profitability. Etihad Airways CEO James Hogan and his Alitalia counterpart, Gabriele Del
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