Alitalia board gives green light to Etihad deal

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(AFP) The board of struggling Italian airline Alitalia has approved a tie-up with the Emirati carrier Etihad Airways, a company statement said on Friday.

Alitalia chairman Roberto Colaninno and chief executive Gabriele Del Torchio are charged with negotiating details of the deal with the Abu Dhabi airline, which has for months been negotiating to buy up to 49 percent of the stricken Italian flag carrier.

SOURCE AFP