Select Your Style

Choose your layout

Color scheme

Etihad is expected to decide on whether to buy a stake in

buy canada goose jacket Etihad canada goose store examines Alitalia’s books buy canada goose jacket

canada goose coats on sale MILAN/ABU DHABI (Reuters) Abu Dhabi Canada Goose Online Etihad Airways is examining Alitalia books and is expected to decide by Christmas whether to take a stake in the troubled Italian airline, two sources familiar with the matter said on Wednesday. canada goose coats on sale

canada goose store The Etihad Airways headquarters Canada Goose sale is pictured in Abu Dhabi November 27, 2012. REUTERS/Ben Job canada goose store

canada goose black friday sale Alitalia offers access to Europe fourth largest cheap canada goose uk travel market and flies 25 million passengers a year. But the airline, which loses 700,000 euros buy canada goose jacket cheap a day and has net debt of more than 800 million euros, needs to find a partner willing to invest in uk canada goose its fleet and make it profitable in the longer term. canada goose black friday sale

canada goose has been in canada goose factory sale (Alitalia data room as of some ten days and will complete the process by the end of this week, one source said. Etihad is expected to decide on whether to buy a stake in Alitalia before Christmas the source added. canada goose

canada goose coats Etihad and Alitalia declined to comment. canada goose coats

Canada Goose Outlet Alitalia has just raised 300 million canada goose uk black friday euros ($413 million) which analysts said would keep the carrier flying for the next six months while canada goose clearance it searches for an investor. Canada Goose Outlet

canada goose clearance sale Not canada goose uk shop being a European carrier, Etihad can only Canada Goose Coats On Sale take a stake of up to 49 percent in Rome based Alitalia. Analysts said Etihad would likely be interested in a shareholding of at least 25 percent to have enough management and strategic influence. canada goose clearance sale

canada goose deals The two airlines had canada goose uk black friday been linked in media reports earlier this year canada goose black friday sale but Etihad canada goose uk outlet said at the time there were no canadian goose jacket talks beyond those on code sharing. Speculation of a tie up began again in cheap Canada Goose recent weeks. canada goose deals

Canada Goose online Etihad led team is looking at numbers of Alitalia and canada goose coats this is not the first time it has done so, a second canada goose coats on sale source close to Etihad said, adding the two airlines already had strong commercial Canada Goose Jackets links by jointly operating flights between Abu Dhabi and the Italian cities of Rome and buy canada goose jacket Milan. Canada Goose online

Canada Goose Jackets recently bought a third of Switzerland Darwin airline and Canada Goose online a good portion of their fleet serves destinations in Northern Italy, said Stefano Sala, a partner at aviation investment advisory firm Avinomics. Canada Goose Jackets

canada goose clearance A previous focus on domestic and regional routes backfired in the face of tough competition canada goose from budget carriers and high speed trains on the key Milan Rome route. canada goose clearance

cheap Canada Goose Alitalia needs to invest in the more lucrative long haul routes but lacks cash to buy larger planes. cheap Canada Goose

buy canada goose jacket cheap unit costs are not bad when compared to other European network carriers, said Sala. the Etihad deal could help them move deeper in the long haul, this could be a Canada Goose Outlet huge win. buy canada goose jacket cheap

Canada Goose Parka Alitalia top investor has so far been Air canada goose clearance sale France KLM, but the Franco Dutch group has let its 25 percent stake be diluted to just around 7 percent after it snubbed the recent cash call, asking for tougher restructuring uk canada goose outlet of Alitalia debt. Canada Goose Parka

canadian goose jacket Additional reporting by Giselda Vagnoni in Rome and Praveen Menon in Dubai, Writing by Agnieszka Flak; Editing by Canada Goose Parka Elaine Hardcastle canadian goose jacket.

Author Info


No Comments

Post a Comment