How Italy Could Finally Unload the Ghost of Alitalia

When Italy’s national airline Alitalia stopped flying in 2021 after decades of losses and numerous brushes with bankruptcy, it was the end of an era. The green, red and white-striped flag carrier favored by popes and glitterati like Sophia Loren was replaced by state-backed ITA Airways, with a fraction of Alitalia’s fleet and staff and a simplified network. Competing with budget carriers in a crowded market — and amid a global pandemic — proved tough, however. With a forecast for years of contin

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