Wednesday, October 1, 2008

Alitalia Can Continue As The Worst Airline Ever

After a long struggle, the last of the Alitalia unions finally gave in and made financial concessions that will help keep the airline flying.

Now the Italian investor group that is trying to keep the airline alive will be able to get to work. The result is to be a new Alitalia, with its potential profitable parts merged with its domestic rival, Air One.

Big question now is who will end up buying a minority stake in the airline: Lufthansa or Air France/KLM or maybe both.

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