Tuesday, December 4, 2012

Alitalia on the brink of bankruptcy

Italian national airline "Lufthansa", 49% owned by the state is on the verge of bankruptcy. "The situation is completely out of control, and the company experienced the worst day in its history" - the city "German wave" of Italian Prime Minister Romano Prodi. In addition, Prodi said that "Alitalia" will go bankrupt if not prepared for an emergency action plan for the phasing out of the crisis in three months. As the Italian experts, the paradox is that more flights of aircraft "Alitalia", the greater the loss brings. Consequently, during the first six months, the company suffered losses of more than 200 million €, and there is a loss for 2005 is 167 million euros. Say one of the causes of the crisis, experts, strong competition from "low side" of carriers.

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