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Etihad finishes Alitalia Due Diligence

Etihad Airways  has reportedly finished a due diligence for a possible 40 percent investment in Alitalia. Maurizio Lupi , the Italian transport minister told parliament on Wednesday that Etihad could present its industrial plan for the troubled Italian carrier to the government by the end of this week. The Middle Eastern airline is apparently considering its options which a month ago its’ Chief Executive James Hogan said could swing either way. Etihad has said it will invest in the Italian carrier only if it fits in its network and if Alitalia has a credible plan to return to profit.…

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