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FINANCIAL NEWS
Etihad to decide on Alitalia investment soon
12 Dec 2013
(MENAFN) Abu Dhabi-based Etihad Airways is looking at the data room of Alitalia and is expected to decide on whether to invest in the Italian carrier by the end of the year, Arabian Business reported.
Alitalia raised USD413 million in a capital increase which will help the toubled airline to keep flying for the next six months but a partner willing to invest in its fleet and return it to profit is needed.
A source said: “Etihad has been in the data room as of some ten days and will complete the process by the end of this week.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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