Alitalia Risks Bankruptcy Without Capital Increase: Source - Presented by: The Aol. On Network

By Giselda Vagnoni ROME (Reuters) - Loss-making Italian airline Alitalia risks having to file for bankruptcy if it fails to agree a deal for a capital increase in the next couple of weeks, a government source said on Tuesday. Alitalia needs about 500 million euros ($680 million) to stay in business and invest in a new turnaround strategy, analysts have said, after accumulating losses of more than 1 billion euros and debt of a similar size since being rescued from bankruptcy in 2009. ...



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
AAPL $ 118.44 2.86 ▼ 2.36%
BAC $ 17.77 0.11 ▼ 0.62%
FTR $ 5.15 0.43 ▲ 9.11%
S $ 3.34 0.03 ▼ 0.89%
TWTR $ 29.27 1.74 ▼ 5.61%
PBR $ 6.35 0.45 ▼ 6.62%
MU $ 19 0.49 ▲ 2.65%
GE $ 25.87 0.23 ▼ 0.88%

As of 8/3/2015, 04:15 PM

Latest News Headlines

View All Latest Headlines