Alitalia’s liquidity is running out, the airline must find €1 billion to have a future
By the end of March the company’s liquidity will be finished, after having piled up more than €1 billion in operating losses in 2015-2016. To keep flying new funding is needed but the strategic plan promised in January still hasn’t shown up. An option on the table is to switch to low-cost activities for the short-medium haul ...