Arab Today, arab today etihad confirms efforts of alitalia investment
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Etihad confirms efforts of Alitalia investment

Arab Today, arab today

Arab Today, arab today Etihad confirms efforts of Alitalia investment

Etihad Airways, the national airline of the United Arab Emirates
Rome - XINHUA

Etihad Airways, the national airline of the United Arab Emirates (UAE), on Sunday confirmed it will forward a letter detailing the conditions precedent and the criteria for a proposed equity investment that have been negotiated with Italian flagship carrier Alitalia and its stakeholders over the past months.
A joint statement published on Alitalia's website said that"Upon confirmation by the board of Alitalia and its stakeholders of their acceptance of these terms, the airlines will proceed to final documentation in order to complete the proposed transaction, in line with Europan Union (EU) and other regulatory requirements."
"We are delighted to move forward with Etihad Airways providing Alitalia with an ideal strategic partner enhancing the company's long term growth perspectives," President of Alitalia Roberto Colaninno was quoted as saying by the statement.
President and CEO of Etihad Airways, James Hogan, said his company was "delighted to be able to move forward with this process and look forward to the successful conclusion of the proposed transaction with Alitalia," according to the statement.
Representatives of the Italian government said they were appreciating the "strategic importance" of this transaction and looking favorably at the Etihad Airways - Alitalia partnership.
"Today is an important day for Alitalia, I would say decisive for our national flagship carrier and for the entire Italian air transport," Italian Transport Minister Maurizio Lupi was quoted as saying by ANSA news agency.
Lupi said in an interview with Rai state television that Etihad Airways was ready to invest around 600 million euros (818 million U.S. dollars) in the operation. The important business plan, the minister added, will "relaunch Italy's airport system, hence Fiumicino (Rome's international airport), Malpensa (Milan's international airport).

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etihad confirms efforts of alitalia investment Arab Today, arab today etihad confirms efforts of alitalia investment

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etihad confirms efforts of alitalia investment Arab Today, arab today etihad confirms efforts of alitalia investment

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday