Alitalia - Latest Popular Stories, Instablogs Community

Alitalia files for bankruptcy protection

AP — Fri, 29 Aug 2008 17:14:32 +0000

Italy’s national airline Alitalia says it has filed for bankruptcy protection, taking the first step in reshaping what has been a failing company.

Air France-KLM: Alitalia offer is off

AP — Mon, 21 Apr 2008 21:37:10 +0000

Air France-KLM said Monday its offer to buy struggling Italian airline Alitalia for 139 million euros ($220 million) is “no longer valid,” and left no impression that it planned to return with another.The French-Dutch carrier said its...

Berlusconi takes aim at boosting Italy's economy and image

AP — Tue, 15 Apr 2008 18:45:57 +0000

Silvio Berlusconi is promising to clean up the trash in Naples, save Alitalia airlines and revive the economy. But some fear the new premier will pander to his conservative political base and an anti-immigrant coalition partner rather than...

Alitalia Board Meets After Talks Fail

AP — Thu, 03 Apr 2008 14:07:45 +0000

Alitalia edged closer to bankruptcy protection on Thursday after Air France-KLM abruptly broke off talks to buy the struggling national airline and Alitalia’s chairman of seven months resigned in frustration.Even if the airline sought...

Alitalia Shares Suspended; Board to Meet

AP — Thu, 03 Apr 2008 11:09:32 +0000

Trading in shares of Alitalia was suspended Thursday and the company board called an emergency meeting as the troubled Italian air carrier edged toward bankruptcy.After repeated failures to lure a buyer, the last, Air France-KLM, walked away from...

Alitalia to Hold Emergency Board Meeting

AP — Thu, 03 Apr 2008 08:21:03 +0000

Alitalia’s board will hold an emergency meeting as Italy’s national carrier edges closer to bankruptcy after Air France-KLM broke off talks to buy it.The meeting will be held later Thursday. Italy’s Stock Exchange says it suspended the company’s...

Alitalia Accepts Air France-KLM Bid

AP — Sun, 16 Mar 2008 17:41:07 +0000

Alitalia’s board on Sunday unanimously accepted Air France-KLM’s bid valued at $1.1 billion in a move to save the struggling national carrier.The Air France-KLM offer values the airline at $216 million, far less than expected, based on...

Alitalia Accepts AirFrance KLM Bid

AP — Sun, 16 Mar 2008 10:39:39 +0000

Italian Minister Backs Air France-KLM

AP — Fri, 28 Dec 2007 15:06:52 +0000

Italy’s economics minister on Friday said he supported Air France-KLM’s bid for the troubled national carrier Alitalia and announced the companies would open exclusive talks immediately.Economics Minister Tommaso Padoa-Schioppa,...

N. Italy Officials Unite Vs. Air France

AP — Sun, 23 Dec 2007 20:07:27 +0000

Officials in northern Italy are uniting in opposition to Air France-KLM’s bid for ailing Alitalia SpA, which would make Rome the nation’s only hub at the expense of Milan.The Air France plan _ which the Alitalia board tipped Friday as...