Sunday 18 May 2014

News Analysis: Abu Dhabi's Etihad looks to shake off historical trends with linkup with Italy's Alitalia airline - Xinhua | English.news.cn

News Analysis: Abu Dhabi's Etihad looks to shake off historical trends with linkup with Italy's Alitalia airline - Xinhua | English.news.cn:



"Abu Dhabi-based Etihad Airlines is nearing a partnership deal with Alitalia, Italy's flagship air carrier that Etihad officials predict will return to profitability by 2017. But the deal depends on Alitalia's ability to re-organize its massive debt, strike a deal with labor unions, and shake off the weight of history.



Alitalia has been down this road before.



Between 2003 and 2006, the airline was in partnership talks with Air France and Dutch carrier KLM, but those talks fell apart when trade union talks broke down and when Alitalia refused to de-emphasize its under-utilized Malpensa airport hub outside of Milan, which is closer to Air France's Paris hub than to Alitalia's other hub in Rome."



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