Wednesday, June 25, 2014

Etihad rescues crippled Alitalia with deal to take 49%

MILAN, June 25- Emirates airline Etihad Airways tied up a deal to rescue debt laden carrier Alitalia on Wednesday by taking 49.0 percent of the Italian company. The two groups gave no details of the value of the deal or of any conditions, but two key issues are huge debt and overstaffing at Alitalia which […]

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