It’s official – Alitalia bankrupt

This was part and parcel of their plans to rework things, so it’s not unexpected.

One thing I didn’t mention in the previous article, is that trading of Alitalia shares has been suspended since June, meaning small time investors who perhaps bought shares thinking that Berlusconi was going to turn it around will probably be out of luck, because they haven’t been allowed to sell off their shares for whatever they could get for them.

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