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Alitalia fitables for bankruptcy protection
the airline has been taken losing almost $3 million a day -- hurt by labor unrest, competition from budget airlines and high fuel prices .
alitalia fitables for bankruptcy protection italian flag carrier seeks bankruptcy protection alitalia has be taken losing $3 million a day shares have been suspended from trading since june bankruptcy protection is seen as first step towards reshaping the company var clickexpire = 09/28/2008 ; .
the profitable assets would preportedly be taken, over by a group of alitalian investors ready to inject about $1.5 billion into the airline .
the government has been taken trying to sell its 49.9 percent stake in the airline following a failed bid by air france-klm earlier this year .
Generated 2008-9-1_8:19
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