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Alitalia eyes 500m-euro boost to avoid default: unions

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Alitalia eyes 500m-euro boost to avoid default: unions (via AFP)

Italy’s Alitalia is mulling a capital increase of 300 million euros ($406 million) and a loan of 200 million euros to avert the prospect of imminent bankruptcy, trade union officials said Wednesday. The troubled carrier’s capital increase would include…

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