SUBSCRIBERS

Etihad hardens position on Alitalia deal: sources

Gulf airline said to be seeking 2,000 job cuts at Alitalia; talks on investment stall

Mon, Apr 21, 2014 - 6:00 AM

Still up in the air: Abu Dhabi-based Etihad (above) has been looking at Alitalia's books for a possible investment since the start of the year. - PHOTOS: BLOOMBERG; AFP

[ROME] Etihad Airways has toughened its stance on conditions for investing in Italy's struggling Alitalia in continuing negotiations between the airlines, sources close to the matter said.

Loss-making Alitalia was kept running by a government-engineered 500 million euro (S$865.3 million)...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.