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Alitalia Files for Bankruptcy Protection in US Court

Alitalia Files for Bankruptcy Protection in US Court
Ryan Boyd

Embattled Italian airline Alitalia has filed for bankruptcy protection in a United States court in an apparent effort to protect its American assets as the carrier goes on the market for sale in Italy. Bankruptcy judge Sean Lane granted Alitalia a restraining order valid until June 23, and the order will automatically extend to June 26 unless Alitalia’s creditors object.

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