Alitalia board yesterday convened an emergency meeting following Air France-KLM's withdrawal from its bid to acquire the ailing Italian flag carrier and named Aristide Police as chairman replacing the resigned Maurizio Prato. The board maintained that the AF-KLM deal remains "suitable to ensure Alitalia can return to profitable growth," according to Reuters, and that it would "evaluate the existence of the necessary conditions to continue doing business" at a meeting scheduled for next ...

Subscribe to Access this Entire Article

"Alitalia names new chairman, says withdrawn AF-KLM offer still 'suitable'" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.