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Aircraft. Could Etihad not pay the bonds of Alitalia and Air Berlin?

The problem is that part of the investments come from local funds

The carrier Etihad and the Department of Finance of Abu Dhabi could reject investors' requests for a meeting to find a solution to the $ 1.2 billion bonds issued to support Alitalia and Air Berlin without succeeding. The securities are in default and have not been honored by the two airlines in a state of insolvency and one failed. Etihad would have asked the department itself to find a way to...

M/A - 1215171

AVIONEWS - World Aeronautical Press Agency