Alitalia has right to buy back Heathrow slots from Etihad: Insolvency commissioner

30 May, 2018

Alitalia insolvency commissioner Luigi Gubitosi informed an Italian Senate hearing on the terms of its sale of slots at London Heathrow Airport to Etihad Airways, conducted in Jul-2016 for EUR40 million (il Sole 24 Ore, 29-May-2018). Under the terms of the arrangement, Alitalia "has the right to recover the slots at any time for the same price for 10 years", Mr Gubitosi said.