A version of this article appears in the August 25 issue of Aviation Week & Space Technology. There has been more than a little uncertainty around the possible Etihad Airways bid for Alitalia over the past few months. It was unclear whether unions and creditors would agree to concessions, and whether politics would clear the way for an agreement. Now Etihad’s 49% investment in Alitalia is (almost) a done deal. Regardless of whether the tie-up eventually becomes a commercial ...

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