Alitalia heads into administration for second time

Alitalia started bankruptcy proceedings for the second time in a decade, throwing the survival of Italy’s flag carrier into doubt after it failed to fend off budget rivals.

Alitalia heads into administration for second time

Shareholders voted unanimously to file for insolvency administration, the airline said.

Under Italian law, the government will appoint supervisors to turn around the company or order its liquidation.

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