Emirates 'no' to Alitalia

Friday 29/09/2017 - Source: Ame Info

Dubai flag carrier Emirates has denied reports in Italian newspapers that it is interested in buying a minority stake in debt stricken Alitalia, according to Reuters. Several Italian newspapers said Emirates was looking to buy into the airline along with several African banks, US and Chinese funds as well as an Italian partner. Alitalia needs to repay $1.4bn in debt in the next three years.