Italian Government Re-Nationalizes Bankrupt Alitalia

Mar 16th 2020 9:30am EDT

Italian Government Re-Nationalizes Bankrupt Alitalia After the sales process for Italy’s struggling former flag carrier Alitalia yielded no buyers, the Italian government has decided to re-nationalize Alitalia, the bankrupt Italian carrier. The confirmation of the takeover speculation followed reports that the government would pump as much as €600 million into the bankrupt airline over the […]

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