Alitalia Once Again Battles For Survival

Credit: Nigel Howarth/AW&ST
Less than five years after it was rescued from bankruptcy and bought by a group of private investors for €1 billion ($1.35 billion) Alitalia is on the ropes again. A merger with Air France-KLM is one possible scenario to save the Italian airline, but the Franco-Dutch group is in restructuring mode...

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