Shareholders in troubled Alitalia
airline approved a capital increase of up to 250 million euros
Friday to keep the carrier operating as its completes a deal
with Etihad Airways.
The deal itself was not discussed, sources said, but
Alitalia's 2013 budget was approved.
Abu Dhabi-based Etihad has been negotiating to invest about
560 million euros in exchange for a 49% stake in the struggling
Italian carrier.
But talks have snagged on conditions set by Etihad
including debt restructuring and labour cuts.
Alitalia did not release its 2013 financial results but
reports have suggested it lost as much as 569 million euros.
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