Alitalia Was Worthless When It Was Sold; Transaction Now Valued At -€5 Million

Sold to ITA Airways at a price of just €1, Alitalia's aviation branch, including half of the planes, most of the slots, and the Alitalia databases, are now said to be worth approximately -€5 million ($5.51m) according to an exclusive report published by Italian daily newspaper, Corriere della Sera on December 24.

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