Alitalia Group acknowledged last week that its airline unit will not break even this year as it predicted in its business plan (ATWOnline, Sept. 4 and admitted that survival will be difficult despite this year's state-guaranteed €1.3 billion ($1.7 billion) recapitalization. "In the current context, the national carrier cannot generate a profit even from capital already invested," AZ noted in a report obtained by Il Sole 24 Ore. The document precedes a meeting between the government and ...

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