Alitalia CEO ‘optimistic’ over possible Etihad deal

IMG class=hide alt=”Alitalia CEO ‘optimistic’ over possible Etihad deal” src=”http://www.mineralfossil.com/wp-content/uploads/2014/01/wpid-2ae5e7d5068f62bbefdf7ffe6a366891.jpg” (ANSA) – Fiumicino, January 13 – Alitalia CEO Gabriele Del Torchio on Monday said he is upbeat about a possible deal with United Arab Emirates carrier Etihad Airways. P”We are in the exploratory phase, but if well begun is half done, then I am optimistic,” Del Torchio said./PPEtihad in December confirmed it was in talks to buy a 49% stake in Italy’s cash-strapped national carrier, equal to a much-needed capital injection of 350 million euros./PPThe Italian carrier received a 75-million-euro capital injection from State-owned post office Poste Italiane in December as part of a government-engineered 500-million-euro rescue package./PPAlitalia could need another capital increase to keep running if its business plan does not bring rapid results and Etihad opts out of the deal, sources said./PPAfter buying 29% of Air Berlin, Germany’s second-largest airline, in 2011, Etihad has taken stakes in carriers across the world, including Air Serbia, Aer Lingus, Darwin Airlines, Virgin Australia, Jet Airways and Air Seychelles./P
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