by Asharq Al-Awsat | Jun 25, 2014 | Business
Abu Dhabi, Reuters—Abu Dhabi’s state-owned Etihad Airways said on Wednesday it had agreed principal terms and conditions to buy a 49-percent stake in Alitalia in a last-ditch attempt to save the loss-making Italian carrier. Italy’s flagship airline has...
by Asharq Al-Awsat | Mar 23, 2014 | Business
Frankfurt, Reuters—Abu-Dhabi-based Etihad Airways will raise its stake in ailing German airline Air Berlin, which will delist, from 30 percent to 49.9 percent, a German weekly reported, possibly as a prelude to combining it with Alitalia. Citing company sources,...