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Italy’s Wind Jet ceases operations

Catania-based Wind Jet (IV) ceased operations Saturday—leaving hundreds of passengers stranded—after merger talks with Alitalia (AZ) broke down following a disagreement about the company’s value.

Catania-based Wind Jet (IV) ceased operations Saturday—leaving hundreds of passengers stranded—after merger talks with Alitalia (AZ) broke down following a disagreement about the company’s value. Italian aviation authorities met over the weekend to arrange special flights with other carriers as thousands of passengers’ travel plans will be affected in the summer high season. IV management announced Saturday that the 300,000 tickets previously sold should be ...

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