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Italy's Alitalia approves spin-off plan
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May 13, 2004 | 2:30 pm
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tcook052
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Italy's Alitalia approves spin-off plan
http://www.kentucky.com/mld/kentucky...gy/8658965.htm
MILAN, Italy - Struggling state-controlled airline Alitalia approved a preliminary turnaround plan Thursday that includes the spinoff of its ground and service operations and a bridge loan guaranteed by the government.
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