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Italian airline Alitalia went a second time bankrupt within a decade

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Luke Hall
May 02, 2017 17:37
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the Italian airline Alitalia announced on Tuesday he went a second time bankrupt within a decade.

the Company's bankruptcy reflects how many state-owned european airline has succumbed to losses after air transport began in Europe release to competition in the late 1980s.

the Last time Alitalia went bankrupt in 2008.

At the time the company was the Italian state-owned.

the Current Alitalia's board of directors decided the company's fate today, Tuesday.

the Government took in Alitalia, according to Italian law of corporate reorganization proceedings, because the company's workers rejected in April, the plan of company reorganisation.

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Luke Hall
May 02, 2017 17:37
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