Alitalia announces major re-think in business model

Credit: Rob Finlayson
Italian flag carrier Alitalia management presented a radical new business plan to the Italian government March 16 as it seeks to turn around the loss-making airline. The plan seeks to cut €1 billion ($1.1 billion) in costs by 2019 and increase revenue 30% at the same time. It calls for reductions in...

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