MENAFN) Etihad Airways has announced its plan to invest in Alitalia and that it has already held meetings with Alitalia to negotiate on the conditions and the criteria of the investment, according to Arabian Business.
The airlines will proceed to final documentation in order to complete the proposed transaction as soon as it gets the approval.
James Hogan, president and CEO of Etihad Airways, said: "We are delighted to be able to move forward with this process and look forward to the successful conclusion of the proposed transaction with Alitalia."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.