Alitalia (2nd) (Rome) is reportedly in advanced discussions with Etihad Airways (Abu Dhabi) about a possible sale of 49 percent of its shares to the fast-growing carrier. Etihad has been steadily adding a growing list of struggling airlines and turning them around creating a large profitable feeder network.
Alitalia is struggling to avoid another bankruptcy. Any purchase would require a radical remake of the loss-making Italian flag carrier. Are we ready for Alitalia 3?
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Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Alitalia’s Airbus A320-216 EI-DTN (msn 4143) prepares to land in Frankfurt.
