Alitalia said late Tuesday that its financial situation allows it to continue operations in the "short term" and reiterated the need for "substantial financial support" as forecast in both its budget and the takeover proposal by Air France-KLM. "Only by means of such support will it be possible to regain the required confidence to pursue the company's business plan and hence to confirm continuity of operations," the carrier said following a board meeting. Union representatives are scheduled ...

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