Struggling Italian airline Alitalia says that it cannot guarantee flights beyond the end of Sunday.
Alitalia's Italian government-appointed commissioner, Augusto Fantozzi, has been quoted by Italian news agencies as saying that dwindling fuel supplies would run out on Monday. He was speaking after the collapse of negotiations with a group of private Italian investors, CAI, seeking to take over the state-controlled airline. Unions have rejected the deal after German Budget Airline Merger Looms ...
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Argentines 'forging Italian passports' ... CAI said that 7,000 jobs would have to be axed to save the airline. It is estimated that Alitalia loses around 2 million euros a day.
(Deutsche Welle)
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