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Alitalia to present final proposal to Etihad today

: Thursday, July 31 - 2014 @ 08:24

Alitalia is working on a final proposal to present today to Etihad Airways, in a push to lock in an investment by the Abu Dhabi-based airline, Reuters has reported, citing a person close to Alitalia shareholders. Underscoring the government’s need to seal a deal, the transport minister, the prime minister’s chief of staff, Alitalia’s senior management and major shareholders, including top bank UniCredit, met to discuss the issue yesterday at the prime minister’s office in Rome. “Progress has been made, now we are working to prepare a response that Alitalia will give to Etihad tomorrow,” the person close to the airline’s shareholders said after the meeting.

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Thursday, July 31- 2014 @ 8:24 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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