
Business Jan 8, 2020
Alitalia bleeds around €300 million a year, administrator says
Struggling Italian carrier Alitalia is burning through its cash resources at the pace of around €300 million ($334 million) a year, its new temporary administrator, Giuseppe Leogrande, told members of a parliamentary committee. In November, after months of talks, railway group Ferrovie dello Stato, U.S. ...