Etihad Extends Negotiations on Alitalia, Air Berlin Investments

Etihad Airways PJSC said it’s still working on commercial terms for an investment in Italy’s Alitalia SpA while closing in on a restructuring of its relationship with discount operator Air Berlin Plc.

The third-biggest Gulf carrier is negotiating on both fronts, Chief Executive Officer James Hogan said today as he seeks to add Alitalia to a batch of minority holdings purchased to help funnel traffic through his company’s Abu Dhabi hub.