Agence France-PresseJanuary 13, 2014 10:50
Takeover talks between Emirati carrier Etihad Airways and debt-laden Italian airline Alitalia are still at an early stage, Etihad's chief James Hogan said on Monday.
"It's early days. We are working through the process," Hogan told a news conference hosted by Etihad's German partner Air Berlin.
It was "very premature" to discuss the size of any shareholding to be bought by Etihad, he continued, adding that he had "no plan to make any announcement at the end of this month."
Last month, Etihad confirmed to AFP that it was in talks with Alitalia.