Alitalia and Etihad to Close Their Merger Deal This Week

[peterk]

A deal between struggling Italian carrier Alitalia and Abu Dhabi-based Etihad Airways should go through this week

Alitalia and Etihad to Close Their Merger Deal This Week | FINNBAY

 

[here2go]

Further extensions to the Virgin network into Europe?

 

[rickylee]

Long way to go yet. Etihad hasn't even made a proposal and any such proposal is going to involve major creditors like UniCredit write off a lot of their debt.

Etihad Said to Near Accord to Be Biggest Alitalia Owner - Bloomberg

 

[Sprucegoose]

Mmm Italians and the Arabs sure to be an interesting relationship!!!

 

[maninblack]

Will this mean the end of Alitalia flights to TLV ?

 

[zainman]

Will this mean the end of Alitalia flights to TLV ?

Why would it? Air Berlin still flies to TLV

 

[rickylee]

Will this mean the end of Alitalia flights to TLV ?

No, as @zainman points out, AB already flies to TLV and this is actually a good way for EY to be able to serve TLV without doing it by themselves, which they cannot do.

 

[zainman]

The deal has been finalised. Another airline to EY's portfolio:

Etihad says agreed principal terms to buy 49 percent of Alitalia | Reuters

 

[Sprucegoose]

The deal has been finalised. Another airline to EY's portfolio:

Etihad says agreed principal terms to buy 49 percent of Alitalia | Reuters

Interesting cultural mix indeed!!