Etihad Airways has secured another foothold in Europe and signed the long-awaited deal that will see it take a 49% shareholding in Alitalia, acquire the struggling Italian carrier’s London Heathrow slots and purchase a stake of the Alitalia loyalty program. As such, the deal mirrors the format that Etihad applied with other equity partners, such as Jet Airways and Air Berlin. The national airline of Abu Dhabi will invest €560 million in Alitalia. This includes €387.5 million ...
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