Italy must now recover the illegal state aid amounting to €400 million plus interest from Alitalia,” it says. Alitalia ceased operations in October 2021 and was replaced by a newly established Italian ...

MILAN (Reuters) - In 2008, Maurizio Prato, then chairman of Alitalia, said only an "exorcist" could save the Italian airline. Five years later, the near-bankrupt carrier is still waiting for a miracle ...

But, says Orsina, the airline simply couldn’t cope with global competition and adapt to the changes in the aviation sector. “The fall of Alitalia is the ultimate symbol of Italy’s historical, inbred ...

Alitalia no longer exists after racking up losses reaching more than 11 billion euros over two decades - Copyright AFP Daniel SLIM Alitalia no longer exists after ...

ROME (Reuters) - Rome is scrambling to prevent an embarrassing collapse of the sale of national carrier Alitalia as the unprofitable airline's only real suitor struggles to raise funds for a bid. Sign ...

MILAN (AP) — Struggling Italian carrier Alitalia entered its second period of bankruptcy protection in a decade on Tuesday with the government approving a 600 million-euro ($650 million) bridge loan ...

MILAN – German airline Lufthansa on Thursday signed a deal with the Italian government for a 41-percent minority share in the long-struggling ITA Airways, formerly Alitalia. The deal calls for ...

Etihad Airways boss James Hogan met with Italy's Prime Minister Matteo Renzi on Thursday, as his company nears a deal to purchase a stake in debt-laden Alitalia airline, Italian media reported. The ...

With its head office in Fiumicino, Italy, Alitalia is the national flag carrier of Italy. Alitalia offers numerous flights to 86 destinations. Of those destinations, 27 are domestic and 59 are ...

HOUSTON, April 6 /PRNewswire-FirstCall/ -- SkyTeam alliance members Continental Airlines (NYSE: CAL) and Alitalia today announced they are beginning codesharing to ...

TEL AVIV (MarketWatch) - Efforts to rescue Alitalia intensified on Sunday as the Italian carrier has said it might cancel flights to save money, and its bankruptcy administrator warned the unions that ...

It is not the fire sale that some doomsayers had predicted. But Alitalia’s announcement last week that it would auction off the company’s collection of 163 modern-art paintings was another reminder, ...