KM Financial Solutions | UPDATE 1-Alitalia bleeds around 300 mln euros a year – administrator
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UPDATE 1-Alitalia bleeds around 300 mln euros a year – administrator

UPDATE 1-Alitalia bleeds around 300 mln euros a year – administrator

Struggling Italian carrier Alitalia
is burning through its cash resources at the pace of
around 300 million euros ($334 million) a year, its new
temporary administrator Giuseppe Leogrande told members of a
parliamentary committee.

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