Italy To Nationalize Alitalia As Part Of COVID-19 Bailout, Reports Say

Local media reported that bankrupt Alitalia is set to be taken into public ownership.
Credit: Alitalia
Italy plans to nationalize Alitalia in a bid to save the already-bankrupt airline as part of a €25 billion ($27.8 billion) economic support package aimed at helping the country, still on lockdown, recover from the COVID-19 coronavirus crisis, Italian media reported. The so-called “Cura Italia”...

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