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Etihad ‘delighted’ to move forward on Alitalia deal

: Monday, June 02 - 2014 @ 00:50

James Hogan, the CEO of Etihad Airways has said the Abu Dhabi-headquartered airline is looking forward to clinching a proposed deal involving a big stake in struggling Italian carrier Alitalia, the Associated Press has reported. The two airlines said in a joint statement that Etihad Airways confirmed that it will send a letter detailing conditions for a proposed equity investment. Negotiations have lasted for months. “We are delighted to be able to move forward with this process” and look forward to its successful conclusion, said Hogan.

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Monday, June 2- 2014 @ 0:50 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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