Etihad finalises conditions for Alitalia investment

[peterk]

Etihad says it has finalized the conditions it requires for a major investment in Alitalia, following months of negotiations.

BBC News - Etihad finalises conditions for Alitalia investment

 

[Foreigner]

Looks to me like an in-principle nod by the Italian government but the critical details are still to be negotiated. More here:

Italian carrier Alitalia okays Etihad Airways bid - Khaleej Times

 

[peterk]

From the airlines they have acquired/shareholding in so far we can see a regional spread across Europe and Asia-Pacific
giving them access to very populous countries which brings more passenger flows and ultimately more sales to their operations
Go Etihad!

 

[dajop]

Yes amassing quite a range of equity stakes, so Alitalia will be alongside a group that includes VA, Etihad Regional (aka Darwin Airlines, Switzerland), Air Berlin, Air Serbia, Jet Airways and a small stake in Aer Lingus. Quite a different strategy to their main rival in the Middle East, who is more focused on expanding the routes and planes of the airline itself.