Independent journal on economy and transport policy
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Agreement on the acquisition of 49% of Alitalia by Etihad Airways
Colaninno: Etihad is for Alitalia an ideal strategic partner
June 25, 2014
Today the airlines Alitalia and Etihad Airways have announced to have found an agreement on the terms and conditions of the operation with which the society emiratina will acquire a shareholding of 49% in Alitalia. The two companies have specified that from the next days they will proceed to the finalizzazione of the contractual documentation, that will include the agreed conditions, and already have remembered that the improvement of the operation is subject to the approvals of the competent authority antitrust.
"We are pleased - it has commented the president and managing director of Etihad Airways, James Hogan - of being able to get ahead this procedure towards the positive conclusion of the transaction proposed with Alitalia. A participation in Alitalia will be useful not only for the two companies, but, what still more important, will offer to more choice and more wide opportunities than travel for the fleeting businesses and the tourists from and for Italy".
"This - the managing director of the Italian airline has confirmed, Gabriele Del Torchio - is an excellent result for Alitalia. This investment will supply stability in the long term financial institution and confirmation the strategic role of Alitalia as infrastructure operator in the field of the travels and tourism in Italy for an increase". "We are pleased - it has added the president of Alitalia, Roberto Colaninno - to continue the road with Etihad Airways, that she is for Alitalia an ideal strategic partner for the improvement of the perspectives of increase in the long term of the company".
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