Etihad in stake talks with Alitalia | GulfNews.com:
"Etihad Airways said yesterday it’s in talks with Alitalia, the ailing Italian airline that’s seeking a new international partner after shareholder Air France-KLM Group said it won’t inject fresh funds.
“Etihad Airways is in discussions with Alitalia,” the Abu Dhabi carrier told Gulf News in a statement. “We have no further comment at this time.”
The carrier is reportedly involved in discussions that could see it take up to a 49 per cent stake in Alitalia and make a capital injection as high as €350 million.
A majority stake in cash-strapped Italian carrier, Alitalia, will give Etihad access to one of the most important international traffic markets in Europe feeding more eastbound passengers through its Abu Dhabi hub, aviation experts say."
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