PARIS—Italian infrastructure group Toto Holding has emerged as the latest possible member of the consortium that will relaunch bankrupt airline Alitalia. Italy has been trying to map out a strategy for the future of Alitalia, which filed for bankruptcy in May 2017, after falling victim to aggressive competition from LCCs and high-speed trains. The process has been fraught with complications and delays. Italian newspaper Il Messaggero published on June 30 a letter signed by Pasqaule ...

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