Alitalia may lose license, invites offers

Reuters
Posted: 2008-09-22 15:21:50+05:30 IST
Updated: Sep 22, 2008 at 1521 hrs IST

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Airlines 'shrinking by all measures': IATA Airline Sterling to file for bankruptcy Alitalia may lose license, invites offers BA suspends operations to Pak, IMF team leaves cou...

Rome, September 22: : the CAI consortium.

But CAI withdrew its offer last Thursday and has said it will not modify its offer to make it more acceptable to unions.

The government rules out further state aid or, as some leftists propose, the renationalisation of Alitalia. Italy is already in trouble with the European Commission over a 300 million euro ($435.2 million) loan to keep the airline flying....

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Alitalia may lose license, invites offers

Flights continued as usual but the state-controlled airline faces being grounded, and its assets liquidated. (Reuters)