Alitalia losses cloud share sale
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Italian airline Alitalia opens its books to suitors but the process has been clouded by worries about its earnings.
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Alitalia said it expected its full-year net loss to widen from last year's 519.7 million euros (671 million dollars) due to 289 million euros in restructuring charges booked this year to relaunch the ailing airline.
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Alitalia directors and union officials met to thrash out a rescue plan for the Italian airline which could go bankrupt in a month, as shares closed at a near-historic low.
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Alitalia SpA, Italy&#39;s largest airline, said it expects a loss this year of about 515 million euros ($642 million), in line with 2003.
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Air France-KLM said Monday it had offered to take over Alitalia via a share swap, planning a major upgrade of the loss-making Italian flag carrier.
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Weak energy and banking stocks pushed European shares lower on Thursday, while Air France  shares fell on news it was in tentative merger talks with ailing Italian airline Alitalia .
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Gruppo valuta vendita o chiusura di due divisioni ausiliarie
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Shares in ailing Italian national  carrier Alitalia surge on speculation that Air France is preparing to bid for the airline.
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The EU has welcomed the approval of a rescue plan for Italy&#39;s Alitalia, but shares in the loss-making airline have fallen as union and competitor
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Alitalia SPA has signed an agreement for an emergency &#36;496 million loan from a unit of Dresdner Bank AG, the struggling Italian airline said Monday.
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Fiat SpA&#39;s overall net loss widened in the third quarter, and the company&#39;s key auto unit slightly narrowed its losses, the Italian automaker said Thursday.
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Weak energy and banking stocks pushed  European shares lower on Thursday, while Air France   shares fell on news it was in tentative merger talks with  ailing Italian airline Alitalia (AZPIa.MI).
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MILAN The Italian airline Alitalia, in a restatement Wednesday of its results for the first half of the year, almost doubled its previously reported loss to Â620 million as it set aside money to pay for a restructuring plan.
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Five bidders make the final round of the auction to buy Alitalia, which is being sold by the Italian government.
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Alitalia airline won a thumbs up from the stock market following a weekend job-cutting deal with flight attendants seen as clearing away a threat of bankruptcy and opening up new horizons.
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Unions and management at Alitalia have struck a deal on payoffs for 3,700 employees set to lose their jobs. The agreement should open the way for the restructuring which could save the Italian carrier from bankruptcy.
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The near-bankrupt Italian airline Alitalia has sold some of its coveted landing slots at London's Heathrow airport for record prices, the Financial Times reported Thursday.