[ Top Story ]May 6, 2017 9:35 pm ET

Alitalia Goes Bankrupt for the Third Time: Is This the…
On Tuesday, Alitalia announced that they have gone into administration following staggering losses within the carrier. The move to go into administration was formally approved by the Italian government and Alitalia shareholders. The Italian government is expected to give the airline 600 million Euros to continue operating flights while a…