Latest Financial situation of Alitalia Stories
NEW YORK, Dec. 2, 2010 /PRNewswire/ -- Alitalia, Italy's largest airline, has taken Italian cuisine to new heights this year and has been awarded "Best Airline Cuisine" by the readers of Global Traveler magazine.
Air France-KLM is about to buy a stake in the Italian airline Alitalia following a meeting of the French-Dutch group's board of directors, sources say. The unidentified sources said the Air France-KLM board in Paris voted in favor of making an offer for an Alitalia share purchase Friday, the Italian
The reborn Italian air line Alitalia is set to sell 25 percent of its shares to Air France-KLM, sources said Tuesday. The collapsed national airline was resurrected by a private business group, which adopted the airline's name.
The group that purchased collapsed Italian airline Alitalia said it had adopted the defunct airline's name, uniform and logo Tuesday. The Compagnia Aerea Italiana changed its name to Alitalia and said it would be ready for business Jan.
Flight operations of Italy's bankrupt national carrier Alitalia have changed hands with the completion of the airline's sale to private investors. Compagnia Aerea Italiana (CAI) Chairman Roberto Colaninno said the investors will create a new corporate entity that will still be called Alitalia, but which will no longer be under government control, ANSA reported Saturday. ''Today an official act was signed transferring the carrier's assets to CAI and although we can only formally use the name...
The Italian business group rescuing struggling airline Alitalia said it has delayed the start of the reborn airline, which had been set for Dec.
Alitalia's administrator said one hurdle remained before the sale of the Italian airline's flight operations to an Italian investment group is completed. The deal requires a green light from the Industry Ministry.
- Stoppage; cessation (of labor).
- A standing still or idling (of mills, factories, etc.).