Italian flag carrier Alitalia has terminated plans to take a major stake in neighboring national airline Air Malta. Talks on Alitalia taking a shareholding in the Maltese airline, which were scheduled to be completed in summer 2016, had become increasingly protracted. Maltese newspapers speculated last weekend that negotiations between Alitalia and the Maltese government, which owns the tiny Mediterranean island’s airline, had broken down. In a brief statement issued Jan. 13, ...

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