Etihad, Alitalia reach agreement on major investment

Credit: Courtesy, Etihad Airways
The long-mooted deal between Etihad Airways and Italian flag-carrier Alitalia finally came to fruition Friday in a complex transaction worth €1.75 billion ($2.35 billion). Both sides said they planned a reinvigorated and profitable Alitalia, with particular attention being paid to developing long...

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