1. Alitalia Board Approves Capital Increase

    Alitalia Board Approves Capital Increase

    The Alitalia board on Friday approved a 300 million euro ($400 million) capital increase as part of a rescue plan for the struggling flagship airline.  The capital increase includes up to 75 million euros from the Italian Postal Services, and the rest from the consortium that runs Alitalia and a bridge loan from banks...

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