Business News: Alitalia seeks capital hike, Air France-KLM votes against: source: By Alberto Sisto ROME (Reuters) - Struggling Italian carrier Alitalia will seek a capital increase of at least 100 million euros ($135 million), it said on Thursday after reporting another heavy loss for its first half. But its top shareholder Air France-KLM , which holds a 25 percent stake, voted against the capital hike proposal, a source close to the matter said. The Franco-Dutch group declined to comment. Alitalia, which has struggled to make a profit throughout its life and was bailed out repeatedly by the Italian state before being privatized in 2009, again faces a cash crunch. ... Get Full Details From News Source u.robinspost/42WKlZ
Posted on: Thu, 26 Sep 2013 21:07:29 +0000
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