EC Approves Sale Of Alitalia Flight Ops to CAI; Loan Must Be Paid Back

The European Commission approved the plans of Compagnia Aerea Italiana (CAI) to take over Alitalia’s flight operations, on Nov. 12 in Brussels. The European Union’s competition watchdog also ruled that the EUR 300 million rescue loan granted to Alitalia by the Italian State constitutes illegal State...

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