Both Alitalia suitors promise capital input, fleet overhaul
Article Abstract:
Italian airline Air One S.p.A. and Air France-KLM S.A. have stated they will inject capital into Linee Aeree Italiane S.p.A. (Alitalia) should either of them become successful in acquiring the airline. Officials in the Italian government, however, which owns 49.9% of Alitalia, are divided regarding a preferred partner. While some ministers want the airline to partner with a major international carrier, others believe the airline should remain under Italian ownership.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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How can Alitalia stop bleeding euro 1,000 a minute? Politics, business collide at this national symbol; government seeks EU deal
Article Abstract:
Officials at Alitalia Linee Aeree Italiane S.p.A. are working to secure financial backing and a fiscal management plan that would prevent the Italian airline from sinking into bankruptcy. The European Union prohibits government aid, and the company's third restructuring plan in as many years has failed to gain corporate board approval.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Italy to rescue Alitalia but exact plan is vague
Article Abstract:
The Italian government is putting together a rescue package for Alitalia airline. Some details, such as plans to change top management but not engage in massive job cuts, have been released but other details are not forthcoming.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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