Alitalia (2nd) (Rome) is again apparently facing a capital crunch. The Italian carrier has asked Italian banks to extend an existing loan agreement by 50 million euros ($68 million), according to Reuters quoting the daily Il Messaggero.

Etihad Airways meanwhile continues to negotiate with Alitalia about a possible equity investment.

Read the full report: CLICK HERE

Copyright Photo: Marco Finelli/AirlinersGallery.com. Alitalia’s Airbus A321-112 EI-IXI (msn 494) in the 1960 retrojet livery arrives at Rome’s Fiumicino-Leonardo da Vinci International Airport hub.

Alitalia (2nd):