Italian flag-carrier Alitalia said it is confident it will still reach its cash call target of €300 million ($406 million) from shareholders, despite having only €173 million in pledges when the deadline for exercising option rights expired last Thursday. The cash-strapped operator has been seeking an infusion of funds from shareholders to continue operations, although industry observers believe the €300 million figure will only be enough to keep the company operating for a ...

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