Abu Dhabi carrier Etihad Airways and Alitalia signed an investment agreement on Friday that will see Etihad acquire a 49-percent stake in the troubled Italian flagship airline. The overall “transaction implementation agreement,” which the airlines valued at €1,758 billion ($2.35 billion), will recapitalize Alitalia with the aim of restoring it to profitability by 2017.
Alitalia-Linee Aeree Italiane
Embraer and Alitalia finalized an agreement for the delivery of 15 E175s and five E190s through a lease structure arranged by third parties, the Brazilian manufacturer announced today.
Brazil’s Embraer said it expects to complete negotiations on a firm order for six of its 70-seat 170 jets “in the coming weeks” with Italian flag carrier Alitalia. According to Embraer, Alitalia has accepted a commercial proposal that includes the conversion of six options on 48-seat ERJ-145s and new options for six 170s and/or 108-seat 190s.