Alitalia - bust or not?

[Rumours everywhere]

Rumours at LGW this morning that Alitalia is the latest one to bite the dust... any news?

[BIG MACH]

Of course they're broke. They have been for years. Perhaps Steven Byers should study them to find out a few things about a not-for-profit organisation, (his big idea for Railtrack). Alitalia has just received a further tranche of state aid, apparently agreed by people in Brussells, who have never had a proper job in a profit-making organisation. The EU is full of folk who are experts at throwing taxpayers money into bottomless pits. We may lament such practices on this Forum, but you cannot teach a dog new tricks. Best to shoot the dog.

[PAXboy]

Alitalia will not be allowed to die! It may be sold off to another company so that they make the uncomfortable cuts in staffing that are needed - thus allowing the Italians to blame others! :D

(Perhaps I ought to be saying this in Jet Blast!)