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Alitalia runs out of cash

Dino D'Amore
By Dino D'Amore Oct 09, 2013 1 mins read
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Alitalia runs out of cash

Alitalia is desperately seeking new capital to avoid filing for bankruptcy, which is certain if the airline fails to agree a deal for a capital increase in the next couple of weeks. Alitalia needs €500 million to remain operational and invest in a new turnaround strategy. Its shareholders are due ...

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