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Revamped Alitalia to start with 45 planes, get 1 billion euros in aid: paper – Reuters

By Reuters Staff

2 Min Read

MILAN (Reuters) – A revamped Alitalia will start with 45 planes, have around 4,500 workers and get just over 1 billion euros ($1.2 billion) in state support, less than half of what was previously envisaged, newspaper La Repubblica reported on Tuesday.

FILE PHOTO: An Alitalia Airbus A320-200 passenger aircraft takes off at Fiumicino International Airport in Rome, Italy, January 15, 2018. REUTERS/Max Rossi/File Photo

Newly-appointed Prime Minister Mario Draghi met with the transport, economy, industry and labour ministers on Monday and was pushing for a speedy resolution but not at all costs, the paper said. The cabinet office declined to comment.

Under Draghis predecessor, Giuseppe Conte, Rome had earmarked 3 billio…

Read the full article at: https://www.reuters.com/article/us-alitalia-revamp-idUSKBN2AU0T8

Category: BankruptcyBy Insolvency GuardianMarch 2, 2021

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Revamped Alitalia to start with 45 planes, get 1 billion euros in aid: paper – Reuters

By Reuters Staff

2 Min Read

MILAN (Reuters) – A revamped Alitalia will start with 45 planes, have around 4,500 workers and get just over 1 billion euros ($1.2 billion) in state support, less than half of what was previously envisaged, newspaper La Repubblica reported on Tuesday.

FILE PHOTO: An Alitalia Airbus A320-200 passenger aircraft takes off at Fiumicino International Airport in Rome, Italy, January 15, 2018. REUTERS/Max Rossi/File Photo

Newly-appointed Prime Minister Mario Draghi met with the transport, economy, industry and labour ministers on Monday and was pushing for a speedy resolution but not at all costs, the paper said. The cabinet office declined to comment.

Under Draghis predecessor, Giuseppe Conte, Rome had earmarked 3 billio…

Read the full article at: https://www.reuters.com/article/us-alitalia-revamp/revamped-alitalia-to-start-with-45-planes-get-1-billion-euros-in-aid-paper-idUSKBN2AU0T8?il=0

Category: BankruptcyBy Insolvency GuardianMarch 2, 2021

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PreviousPrevious post:New insolvency laws: 4 actions small business directors must take – DynamicBusinessNextNext post:Bundy billionaire’s company facing insolvency – Daily Mercury

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