Airlines
The 'New' Alitalia Unveils Turnaround Plan
Investors expect airline to reach profitability in 2017
Fleet realignment plans will see Alitalia transfer 12 Airbus A320s to Air Berlin. (Photo: Flickr: Creative Commons (BY) by markyharky)
Fleet realignment plans will see Alitalia transfer 12 Airbus A320s to Air Berlin. (Photo: Flickr: Creative Commons (BY) by markyharky)

The reconstituted board of Alitalia on Tuesday unveiled a new business strategy following the completion of an equity investment by Etihad Airways that saw the Abu Dhabi-based airline take a 49-percent stake in the Italian flag carrier.