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Stock exchange, Atlantia flies after Alitalia-Etihad agreement

CEO Castellucci: the agreement between Alitalia and Etihad "will confirm Fiumicino's role as hub and will also increase connectivity in the long term" - "Adia, the Abu Dhabi fund, in pole position as ADR's new financial partner" - “We will only remain in AZ for the time necessary for this partnership to start up successfully”.

Stock exchange, Atlantia flies after Alitalia-Etihad agreement

In addition to the popular titles, today Atlantia's shares also shine in Piazza Affari, which in mid-morning score one of the best increases in the Ftse Mib: +4,6%, to 18,18 euros. Triggering the wave of sales was the signing of theagreement for Etihad's entry into Alitalia with 49%: the agreement will prevent the bankruptcy of the Italian airline, of which Atlantia is a shareholder. Furthermore, the Benetton family company also controls Aeroporti di Roma: its own Fiumicino airport it should benefit greatly from the company's arrival in Abu Dhabi, as it is destined to become an important Southern European hub towards the East. 

“We want, as you know, to let in financial partners in Adr, maintaining total control and a large majority, in order to accelerate growth in the world and the strengthening of the strategic airport pole - he said in an interview with Messaggero John Castellucci, CEO of Atlantia –. We'll start talking about it in September. AND Adia, the Abu Dhabi fund, we think may have a strong interest. We know each other well and he is, so to speak, in pole position. It would be a shame not to be able to have them part of our project. But there are about ten large international funds interested in the project”. 

Still on the subject of Aeroporti di Roma, Castellucci underlined that the agreement between Alitalia and Etihad "will confirm the role of Fiumicino hub and it will also increase connectivity in the long run”. As for the share in Alitalia, “we are satisfied to have helped the company to create the best possible partnership – specified the manager -. But our mission is to develop airports around the world. We will remain in Az only for the time necessary for this partnership to start up successfully. It would be incompatible with our ambitions to grow in airports”.

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