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Ear to the ground
19 October 2008
Read more:
Alitalia
Ryanair
Virgin Blue
AIG
London City Airport
After its future seemed in doubt, administrators acting for Alitalia announced a number of expressions of interest in the group's operations. A proposal from a consortium of Italian investors is back on track after trade unions swung their weight behind it. A number of other expressions were received for other companies in the group, including the ground transportation and maintenance operations. Ryanair launched a legal challenge to the deal to save Alitalia. It has submitted a formal complaint to the European Commission against the "latest unlawful bailout of the failed Italian national carrier". Ryanair has previously launched complaints against similar rescue bids for flag carriers.
Virgin Blue has announced a delay to the launch of its long-haul international carrier V Australia, blaming the machinists' strike at Boeing. The launch had been planned for December 15, but has been pushed back to at least February 28 next year. Virgin Blue took...
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