Flights cancelled as Italian carrier hurtles toward bankruptcy

[muriel_volestrangler]

Source: AFP

Italian airline Alitalia cancelled flights Friday and regulators said they might soon ground the troubled flag-carrier as it hurtles toward bankruptcy after the failure of another rescue plan.

Alitalia said it had cancelled 30 flights, mainly out of Milan, for what it called "technical reasons".
...
The National Civil Aviation Authority (ENAC) will meet Alitalia management on Monday to start examining the company's viability, and could withdraw its operating licence within days, officials said.

"If there is nothing concrete on the table, in a week, or 10 days at most, the planes will no longer be able to fly," ENAC head Vito Riggio told the Milano Finanza daily.

Read more: http://afp.google.com/article/ALeqM5jBqjTEwIWnGiiqP37ai0slXXfEgQ

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The 'technical reason' may be that they can't buy the fuel to put in the planes: http://news.bbc.co.uk/1/hi/business/7625146.stm

[comtec]

1. The technical reason is that the PM of Italy is a corrupt asshole

who wanted too much share of future profits to make saving the company feasible.
They literally cut their own throat rather than give in to this nutter's demands.

[CTyankee]

2. As a frequent visitor to Italy of late I cannot understand how the Italian people

voted for that clown Berlusconi, knowing what he is.

Do you have any idea WHY they did?

[eowyn_of_rohan]

3. maybe he won for the same reasons b*sh "won"