Alitalia Cuts Flights As Liquidation Looms
Friday, September 19th, 2008If you’ve got a ticket booked for future travel on Alitalia, now might be a good time to start looking into alternatives.
Amid fears of its pending liquidation, the BBC reports that the beleaguered Italian airline grounded between 20 and 30 flights today, though it insisted that technical difficulties prompted the cancellations, not a lack of funds to purchase adequate fuel.
The airline, which entered bankruptcy protection earlier this year, may cease operations over the next two weeks if no one steps in to take over its operations. Several rescue deals, including one last spring with Air France-KLM and a more recent one on the table that would have led to a merger with Italy’s Air One, have fallen through.

