Italy in search of cash to keep Alitalia airborne
  • 11 years ago
Italy is looking to the banks to provide a temporary financial solution to keep Alitalia airborne.

The company, beset by problems, is looking for its major shareholder Air France-KLM to make a cash investment and increase its 25 percent holding in the airline.

Earlier in the week Italy said it was prepared to sell 50 percent of the company to the Franco-Dutch outfit.

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http://www.euronews.net/
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