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ROME: Italian Prime Minister Giuseppe Conte made it clear to the country’s corporate elite that he’ll be calling the shots more often in a pandemic-stricken economy.
ROME, Sept. 1 (Xinhua) -- Italy's flag carrier Alitalia suffered record losses in the first half of this year amid coronavirus travel restrictions and the global economic slowdown. However, the troubled company still outperformed many of its European rivals.
ROME, July 21 (Xinhua) -- Italy's embattled air carrier Alitalia will emerge from its state-guided reform plan far smaller than in the past, though government officials said Tuesday the relaunch plan will not involve layoffs.
A DAY after the Morandi Bridge collapsed in Genoa in August 2018 claiming 43 lives, Giuseppe Conte said he would strip Autostrade per l’Italia SpA of its motorway concessions.
DUBAI: A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over US$1.2bil in debt issued by the Abu Dhabi carrier and airlines it partly owned, according to legal documents reviewed by Reuters.
DUBAI: A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over $1.2 billion in debt issued by the Abu Dhabi carrier and airlines it partly owned, according to legal documents reviewed by Reuters.
FRANKFURT: The German government has bristled at the European Commission’s antitrust demands on its €9bil (US$9.9bil) bailout of Deutsche Lufthansa AG, in a sign of rising tensions over the stalled aid package.
NEW YORK: Ryanair Holdings Plc is planning to rekindle growth after the coronavirus crisis by negotiating incentives with traffic-starved airports and betting on the return of Boeing Co’s beleaguered 737 Max.
FRANKFURT: Deutsche Lufthansa AG spent the last two decades forging a business empire that stretched across the wealthiest countries of continental Europe. Forced into retreat by the coronavirus crisis, it’s now bogged down by ties to four governments as it seeks a multi-billion euro bailout.