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The final negotiation for Alitalia and Etihad

The Italian airline Alitalia and the airline of the United Arab Emirates Etihad are in the final phase of negotiations, made known the CEO of Alitalia, Gabriele Del Torkio, speaking in public broadcasting. The declared objective is the purchase of part of the stake in the Italian company from Ethad after the sinking of the contacts with the group Air France-KLM. We support the agreement and I am sure that those who can influence developments in Italy and they will offer their support, said the head of the Italian government Enrico Leta from Abu Dhabi.

Alitalia

Alitalia

According to del Torkio unions, anyone working in Alitalia, will show good will, will maintain a constructive attitude, because there are already clear signals that lead in that direction. As commentators point out, the main problems to be solved are the 1,900 employees of the Italian company considered redundant and reduce costs by at least 300 million euros. At least 200 million in the form of new loans will be granted in the coming days from three major Italian banks as a temporary support funds tortured company.

Etihad

Etihad

According to the Italian newspaper Ile Mesatzero, the goal is to lead the company in the hands of the United Arab Emirates 49% stake in Alitalia. No missing however and negative reactions. German airline Lufthansa today called on the European Commission to intervene because the alliance with Alitalia company Etihad, in fact, hides unfair government subsidies. It’s tactics reject both when applied by European states, and when they come from countries outside the European Union, the German company.

By Nicole P.

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