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MENAFN - 04/12/2012

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(MENAFN) Etihad Airways' CEO, James Hogan, stated that the Abu Dhabi-based carrier is mulling an alliance with Italy's Alitalia, reported Arabian Business.

Hogan stressed that Etihad is not considering a stake in Air France-KLM, with which it inked a codeshare agreement in October, even though the airline has a stake in Alitalia.

He said that the alliance, in addition with the company's business with airberlin and Aer Lingus, and its codeshare deal with Air France-KLM would strengthen Etihad's presence and footprint in the Gulf down to Southeast Asia and Australasia.

Etihad, which holds minority stakes in several international carriers, including airberlin, Virgin Australia, Aer Lingus and Air Seychelles, is also considering an investment in an Indian carrier through a stake purchase.

It is worth noting that an Indian government official told Bloomberg in November that Etihad Airways was in negotiations with Jet Airways to buy a stake, valued at USD290 million.

 






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