Alitalia News
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Italy’s main labor unions took to the streets of Rome today to protest Prime Minister Mario Monti’s pension-system overhaul, saying it traps hundreds of thousands of workers in a legal limbo without retirement pay.
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Ryanair Holdings Plc lost a court challenge that may have forced Alitalia SpA’s owners to repay a 300 million euro ($401 million) loan from the Italian government.
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U.S. Supreme Court justices indicated they may throw out other parts of President Barack Obama’s health-care law if they strike down its core requirement that Americans obtain insurance.
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Air France-KLM Group, Europe’s biggest airline, reported a full-year loss as a sluggish economy and high fuel costs crimped earnings and said results for the current six months will show a further deterioration.
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Air France-KLM Group, Delta Air Lines Inc. and Alitalia SpA are under investigation by European Union antitrust regulators over concerns their pact to coordinate trans-Atlantic flights may hurt competition.
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In just about any other country in the world, Pietro Ichino’s biggest career liability would be finding himself alone in a corner at cocktail parties. Ichino is a professor of labor law. In Italy, that means his life is under threat. For the past 10 years, the academic and parliamentarian has lived under armed escort, traveling exclusively by armored car, and almost never without the company of two plainclothes policemen. The protection is provided by the Italian government, which has reason to believe that people want to murder Ichino for his views.
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Alitalia SpA will deepen its partnership with Air France-KLM Group and Delta Air Lines Inc. by sharing transatlantic revenue and costs to help boost profit.
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OAO Aeroflot and Alitalia SpA will lose their monopoly on flights between Russia and Italy after the countries agreed to allow in two more carriers, Vedomosti reported, citing a Russian transport ministry official.
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French President Nicolas Sarkozy will travel to the Petroplus oil refinery in Petit-Couronne with Finance Minister Francois Baroin at 11:30 a.m. Sarkozy will hold a speech to Petroplus employees at 12:50 p.m.
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Alitalia SpA Chairman Roberto Colaninno said he doesn’t rule out a merger with Air France-KLM Group once the Italian carrier improves its profitability.
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