FINANCIAL NEWS

Alitalia sets date to finalize Etihad deal

02 Aug 2014

(MENAFN) According to the Italian transport minister, Alitalia Airline is due to finalize a tie-up deal with Abu Dhabi”s Etihad on Aug. 8, Arab News reported.

Italy”s government is keen to sell a 49 percent stake in the Rome-based cargo to the Etihad and conclude talks which have dragged on for more than 7 months.

“A date has been fixed for signing the deal: August 8,” Transport Minister Maurizio Lupi said, adding that final details of the deal would be set in stone next week.

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