Alitalia Administrator Augusto Fantozzi made an open plea for an investment plan to rescue the failing airline, calling on "anyone" who could "assure continuity of the air transport service in the medium term" to make a bid on all or part of the carrier by Sept. 30, but Italian regulators warned that AZ could be shut down before then for safety reasons. Italian civil aviation authority ENAC President Vito Riggio indicated yesterday that Alitalia is short on time, telling reporters, "Fantozzi ...

Subscribe to Access this Entire Article

"Alitalia seeks last-minute rescue plan, could be grounded for safety reasons" 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.

Already registered? here.