Why Alitalia's rebound is elusive

Article Abstract:

In an attempt to save Alitalia S.p.A., the Italian government is selling off part of its controlling share in the struggling airline, and is hoping that a private sector investor will help the airline to restructure. However, government stipulations about maintaining staffing levels and services cast doubts on the airline's future financial viability.

Acquisitions & mergers, Organizational history, Italy, Mergers, acquisitions and divestments, Company acquisition/merger, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Linee Aeree Italiane S.p.A.

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Surging fuel costs hit struggling airlines hard: surcharges, new jets help, but losses mount, hedges can't cover soaring bills

Article Abstract:

Airlines are under growing economic pressure, due to the rising price of oil. The break even point for airlines is $31 to $33 a barrel. Recently the price has increased to over $47.

International aspects

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