ITA Gains Financial Boost, Bringing Alitalia Successor Closer To Launch

Alitalia Airbus A320
Credit: Rob Finlayson
Italia Trasporto Aereo (ITA), the successor to Italian flag-carrier Alitalia, has taken another step closer to its launch with the company’s shareholders approving a capital increase of €700 million ($831 million) July 29. The increase had been proposed by ITA’s board. The resolution followed the...

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