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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

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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)...

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