Tag: Luca Cordero di Montezemolo

Alitalia, Aiming to Buy Air Malta, Losing €500,000 a Day

Reading Time: 2 minutes Alitalia, the troubled Italian airline which is buying a 49% stake in Air Malta, is losing €500,000 a day, its president has said. Several sections of the Italian media quoted Luca Cordero di Montezemolo as saying that the ailing airline, in which Etihad Airways owns a 49% stake, is “seeing the light at the end […]