Etihad eyes Alitalia stake


(MENAFN) Etihad Airways announced that it is still working on commercial terms for an investment in Italian carrier Alitalia, Arabian Business reported



The company's chief executive officer said that he aims to add minority holdings to funnel traffic through the company's Abu Dhabi hub



The CEO is also seeking to restructure the relationship with Air Berlin, in which Etihad has a 29 percent stake



He said: "Entering into the Air Berlin partnership gave us access to Germany. All our key objectives have been met.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.