Alitalia confirmed Friday it has raised a €300 million ($410 million) cash infusion to safeguard its immediate future. Despite a slow initial take-up to restore the Italian flag-carrier to an even financial keel, the full amount was reached after Poste Italiane contributed the last €75 million. In a statement Friday afternoon, the Italian flag-carrier said: “All the directors of the board expressed satisfaction with the success of the recapitalization and are confident that ...
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