You are here
Etihad hardens position on Alitalia deal: sources
Gulf airline said to be seeking 2,000 job cuts at Alitalia; talks on investment stall
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)
GAIN ACCESS TO ALL BT PREMIUM CONTENT:
Or get a 2-week FREE trial
Need help?
- CALL +65 6388 3838
- EMAIL btocs@sph.com.sg
