Friday, 22 October 2021

Tag Archives: Alitalia

No clear flight plan for Alitalia after rescue stalls

Efforts to save loss-making Alitalia have reached an impasse after months of unsuccessful negotiations with potential buyers, leaving Italy’s government undecided on the next move. The struggling carrier, which has been under special administration since 2017 and continues to burn through cash, is now at a standstill after a consortium ...

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Deadline extended for deal to save ailing Alitalia

ROME: Italy’s government bought troubled national airline Alitalia a bit of breathing space Friday by extending to June a deadline for the state railway to submit a concrete takeover offer. Economic Development Minister Luigi Di Maio “authorised the extension of the deadline to June 15, 2019”, the ministry said in ...

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