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11/02/12, 22:44:42 EST
Today's News
Alitalia chairman says airline needs international partnerforbes.com ROME - Alitalia SpA, the troubled Italian airline, needs an international partner to compete with other major European groups, said chairman Maurizio Prato in a parliamentary hearing.Prato said he does not rule out tie-ups with domestic players but the airline's objective is to reach an international alliance. He said Alitalia is in a comatose state and trying to relaunch it on a standalone basis would be unrealistic. Prato highlighted that Alitalia has to pay back 320 mln eur in financing in 2008-2009, and 714 mln eur in bonds in July 2010, which cannot be repaid through Alitalia's ordinary results. 
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published Sep 26, 2007
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