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Alitalia Shareholders Deal Countdown Has Begun

Alitalia is again in news but not for such good reasons. Alitalia in the past has framed a deal with its shareholders, wherein the shareholders were asked not to sell off their shares for five years.  However, with the end of this deal which is on January 12, 2013 some of its stakeholders are willing to sell of the shares.

Five years after Alitalia was saved from filing bankruptcy by a group of Italian business men and the Italian State, the airlines is once again facing fiscal slag.

At present the airlines is facing a daily loss of $832,000 due to higher fuel prices and ongoing European debt crisis.

** Fares are round trip, Fares incl. all fuel surcharges, our service fees and taxes. Tickets are non refundable, non transferable, non-assignable. Name changes are not permitted. Fares are subject to change without notice. Fares subject to availability. There is a higher probability of seats being available at this fare on Tuesday, Wednesday & Thursday. Certain Blackout dates may apply. Holidays & Weekend travel may have a surcharge.Other restrictions may apply. Displayed fares are based on historical data, are subject to change and cannot be guaranteed at the time of booking.