Posts Tagged ‘Alitalia’
Air France-KLM Board To Discuss Alitalia Bid
Air France-KLM will decide what to do with its stake in Alitalia next week, according to two media reports on Thursday. Bloomberg, quoting a person familiar with the plan, said the Air France board will meet on Monday to...
Alitalia Hires Bankers To Tackle Cash Crisis
Struggling Italian airline Alitalia has hired boutique investment bank Leonardo to help tackle a liquidity crisis that may see it running out of cash before year’s end. The move is aimed at finding ways to raise mo...
Alitalia In Talks With Etihad
Alitalia is in talks with Etihad Airways on a industrial deal that will result in the Abu Dhabi-primarily based service taking a stake within the cash-dropping Italian firm, day by day il Sole 24 Ore stated. Neither Alit...
Alitalia Chief Quits As Loss Deepens
The chief executive of Italian airline Alitalia quit after only a year in the job on Monday as the struggling company reported a net loss of EUR€280 million (USD$366 million) in 2012. Alitalia, 25 percent owned by Air ...
Air France-KLM In Talks For Alitalia: Report
Air France-KLM is in “advanced” talks to take control of Italy’s Alitalia by the summer, Rome’s Messaggero newspaper reported on Sunday without citing its sources. Alitalia is owned by CAI, a cons...
Alitalia To Appeal Rome-Milan Slot Ruling
Alitalia said it would appeal a ruling by Italy’s antitrust authority that said it, along with its unit AirOne, was running a monopoly on the highly profitable Rome-Milan route and must give up some slots. The authority, ...