Alitalia promises profit by 2017 as Etihad lays out new strategy

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It will take just two more years for troubled Alitalia to make a profit, according to its chairman and serial airline investor, Etihad’s CEO James Hogan. The carrier is to introduce new services in May, focusing on increasing its presence in Latin and North America, while Milan Malpensa will become a major cargo hub. But despite Etihad’s apparent affluence, Mr Hogan warned that the carrier “was not a bank” and it expected to see a return on its investment.