Wednesday 30 July 2014
 
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Alitalia

Alitalia investors approve cash call, buy time

Alitalia shareholders have approved a share issue of up to 250 million euros ($336 million) to keep the Italian flag carrier flying as it seeks to finalise a life-saving tie-up with Etihad Airways. Abu Dhabi's state-owned Etih

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Italy firm sets terms for Alitalia-Etihad deal

Poste Italiane will only invest more money in Alitalia if it avoids taking on the airline's past liabilities, three sources close to the matter said on Monday, a condition likely to hamper a rescue deal with

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Etihad chief aims to seal Alitalia deal this month

The chief executive of Etihad Airways said a deal to acquire nearly half of Alitalia could be wrapped up this month but warned that cuts would be needed to make the loss-making carrier profitable, prompting opposition from Italy's largest un

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Etihad ‘agreed principal terms to buy 49pc of Alitalia’

Abu Dhabi's state-owned Etihad Airways said on Wednesday it had agreed principal terms and conditions to buy a 49 percent stake in Alitalia in a last-ditch attempt to save the loss-making Italian carrier. Italy's flagship

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Alitalia accepts Etihad's offer, plans rapid tie-up

The board of Italy's troubled airline Alitalia has voted to accept an offer by Etihad Airways to invest in the company, and said it would move quickly to conclude the tie-up, the company's chief executive said. "Today

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Etihad to invest up to $1.7bn in Alitalia

Abu Dhabi-based Etihad Airways is prepared to invest up to 1.25 billion euros ($1.7 billion) in Alitalia over the next four years under a possible tie-up between the two carriers, Italian Transport Minister Maurizio Lupi said. Of

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Alitalia 'needs a few weeks to close Etihad deal'

Alitalia needs a few weeks to seal a deal with Etihad which could see the Abu Dhabi airline invest 560 million euros ($762 million) in its struggling Italian peer in return for hefty job cuts, Alitalia chief executive Gabriele del Torchio said.

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2,200 'will lose jobs in Alitalia-Etihad tie-up'

The head of Alitalia expects around 2,200 jobs to go under a planned tie-up with Etihad Airways, he was quoted as saying by La Repubblica newspaper on Sunday. "Etihad is inflexible on this (job cuts)," Gabriele Del Torch

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Etihad, Alitalia back Italy tourism program

Etihad Airways, the national airline of the UAE, and Alitalia, partner of Sky Team, have joined forces to support the ‘Made of Italians’ 2015 tourism program with attractive airfares. Unveiled today in 14 Italian embas

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Etihad to go ahead with Alitalia deal

Etihad Airways said on Sunday it would go ahead with a proposed investment in Alitalia after conditions for the deal were negotiated with the Italian carrier and its stakeholders. "Upon confirmation by the board of Alitalia a

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