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Alitalia Files for Bankruptcy Protection

Alitalia has filed for bankruptcy protection and will more than likely merge with Air One. It is continuing to fly.

It seems bankruptcy was a legal move to allow the Italian government to sell off the airline and parent company. Air France and KLM may also buy small stakes in the company.

Alitalia Seeks Bankruptcy Shield

Posted by
23573 posts

It was just a matter of when, not if.

Posted by
16095 posts

True....I think a few more European airlines will merge before it's over.

Posted by
805 posts

Alitalia was easily the worst run European airline and that's saying a lot....