Alitalia Needs to Downsize Before Lufthansa Is Ready To Invest

An Alitalia Airbus A320 aircraft (Photo: aeroprints.com [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)])

After the November 21 deadline, the eighth deadline during the past two and a half years of special administration, went by without any offer being presented to the bankruptcy administrators, it is back to the drawing board for Alitalia, the struggling Italian flag carrier looking for a way out of its deepening crisis.

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Location: Montreal, QC, Canada

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