News Stories Related To: Alitalia: Investors withdraw $1.4B lifeline
By: Patricia 
ROME, Italy (CNN) -- A group of Italian investors has withdrawn its €1 billion ($1.4 billion) offer to save Alitalia -- putting the future of Italy's flagship airline in serious...
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- News Source: Times Online | about 1 year agoItaly's civil aviation authority intervened in the saga over the failing national airline Alitalia today and gave Silvio Berluscuno, the Prime Minister, an effective deadline of Monday to mount a rescue attempt. The airline looks set for liquidation...
- News Source: B92 | about 1 year agoBarring a last-gasp breakthrough, failing Italian airline Alitalia faces the imminent prospect of liquidation. It is also reported that Italy’s civil aviation authority is threatening to ground flights within 10 days from Monday if no deal on the...
- News Source: Budapest Business Journal | about 1 year agoItalian airline Alitalia faced the prospect of liquidation after a business group that had mounted a rescue bid withdrew its offer on Thursday, citing union opposition. All members of the CAI consortium voted to abandon the offer -- a blow to Prime...
- News Source: The Hindustan Times | about 1 year agoAlready at $1 trillion (Rs 46 lakh crore) — roughly the size of India’s GDP — a new White House package came as a lifeline on Friday for sinking markets. The current crisis was sparked by Lehman Brothers — once one of the four pillars of Wall...
- News Source: The Scotsman | about 1 year agoS civil aviation authority has intervened in the saga over the failing national airline Alitalia and gave Silvio Berlusconi, the prime minister, an effective deadline of Monday to mount a rescue attempt. Mr Berlusconi, who returned to power after...
- News Source: Asian Wall Street Journal | about 1 year agoA last-ditch effort to rescue Alitalia SpA fizzled when a group of Italian investors withdrew an offer to privatize the struggling state-controlled carrier. The pullout leaves Alitalia, the airline of popes and a national symbol, at the threshold of...
- News Source: Daily Mail & Guardian | about 1 year agoItaly's civil aviation authority could order troubled national airline Alitalia grounded within 10 days after a consortium withdrew its rescue plan, a source close to the regulator said on Friday. The National Civil Aviation Authority will from...
- News Source: BBC | about 1 year agoAlitalia has cancelled a number of flights from Rome's Fiumicino airport, increasing fears that the carrier may soon go into liquidation. The airline confirmed that a number of flights have been cancelled, but denied it had run out of aviation fuel.
- News Source: Ansa | about 1 year agoHopes of saving Alitalia appear to be fading rapidly and Economy Minister Giulio Tremonti has made it clear that nationalizing the carrier is ''impossible''. In a report to the cabinet on Friday, Tremonti said it was ''senseless to even take the...
- News Source: The Guardian | about 1 year agoBerlusconi's employment minister, Maurizio Sacconi, said: "For the workers affected and for the country, the road now opens up that leads to the collapse of all the companies in the Alitalia group." He confirmed a warning by the prime minister on...
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