BUSINESS Italy plans to re-nationalise Alitalia airlines: govt

BUSINESS

Italy plans to re-nationalise Alitalia airlines: govt

AFP

17:15, March 17, 2020

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The Italian government said it intends to re-nationalise the bankrupt Alitalia airline under an emergency economic rescue plan for the coronavirus pandemic.

The government will create "a new company wholly controlled by the ministry of economy and finance, or controlled by a company with a majority public stake, including an indirect one" to take over the airline, the Italian government said in legislation published late Monday.


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