by Asharq Al-Awsat English | Apr 30, 2017 | World
Voting opened for the election of a new leader of the Italy’s Democratic Party, with former Prime Minister Mattero Renzi tipped to win a new mandate. Citizens lined up at makeshift gazebos set up around the country Sunday. It was unclear when results will be...
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,...
by Asharq Al-Awsat | Mar 4, 2014 | Business
Dubai, AP—Gulf-based carrier Etihad Airways posted on Monday its largest annual profit yet, with 62 million US dollars in net earnings last year. The national carrier of the United Arab Emirates said profits were up 48 percent from 42 million dollars in 2012, and that...
by Asharq Al-Awsat | Feb 3, 2014 | Business
Frankfurt, Reuters—Germany’s largest airline Lufthansa has criticized plans by Etihad Airways to invest in ailing Italian carrier Alitalia and called on the European Commission to block the deal, saying it would amount to unfair competition. Etihad, which has...
