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It will come as a blow to those legacy carriers that are fearful of Etihad’s European creep, but the EU Commission has cleared the way for the Abu Dhabi carrier to acquire a 49% stake in Alitalia. While the antitrust clearance was said to be permitted with fewer restrictions than some similar deals, the airlines do have to offer up slots between Italy and Belgrade, the hub of Etihad subsidiary Air Serbia. One report suggested that the deal was good for Alitalia in more ways than one – with the Italian government much less likely to interfere in the running of the carrier than before.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Hong Kong drops out of world's top 10 busiest container ports
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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