Air Seychelles flies high in Q1 Half way through 2014, Air Seychelles has posted a strong set of financials for the first quarter of 2014, with an increase in revenue of 66% compared with the same period in 2013. Improved connectivity with Etihad Airways, which owns a 40% stake in Air Seychelles, and improved cargo services are said to have played a big part in boosting the first quarter earnings. Alitalia may receive bailout from Etihad Abu Dhabi-based Etihad Airways is prepared to invest up to ¤1.25 billion in Alitalia over the next four years under a possible tie-up between the two carriers, Italian Transport Minister Maurizio Lupi said last week.
