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Tue 3 Jun 2014 12:25 PM

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Etihad moves to take over Alitalia

Bankrupt Italian carrier Alitalia may be about to be rescued by Etihad Airways. The Gulf company is trying to expand its operation in Europe, competing with rivals including Emirates and Cathay Pacific. The deal could see Etihad take 49 percent of Alitalia for $815m.

(Euronews YouTube channel)