You are here

Etihad to buy 49% stake in Alitalia

Deal will let CEO James Hogan expand Etihad's global reach

[DUBAI] Alitalia SpA and Etihad Airways PJSC have agreed on principal terms that will give the Middle Eastern airline a 49 per cent stake in the bailed-out Italian carrier.

The two airlines will next complete final documents for a transaction, according to a joint statement yesterday, and...

Market voices on: