Alitalia board approves capital increase

Associated Press
Alitalia board approves capital increase

An Alitalia plane comes in for landing at Linate Airport, Milan, Italy, Friday, Oct. 11, 2013. The board of Alitalia met Friday to vote on a new rescue plan for Italy's struggling flagship airline a day after the Italian government welcomed Italy's postal service, Poste Italiane SpA's help to re-capitalize Alitalia by injecting 75 million euros (101 million dollars). Alitalia's 62 years as a state-run company ended in bankruptcy in 2008. The present Alitalia began flying in 2009 as a new company owned by a group of Italian investors. Currently Air France is the largest shareholder with 25 percent. (AP Photo/Antonio Calanni)

View Comments (0)