Word: italianizer
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Imagine a video of a plane hurtling toward the ground - and then suddenly someone hits the pause button. That may be the best metaphor for the financial disaster that currently is Alitalia, the Italian carrier that is this close to bankruptcy...
...breakdown of negotiations for Air France-KLM to buy Alitalia has left the Italian airline closer than ever to bankruptcy. On Thursday evening, the Milan stock exchange announced that Alitalia shares will be suspended until April 8, following the public company's next board meeting. The failure of talks with Air France, also prompted yet another resignation at the top, as Alitalia chairman Maurizio Prato stepped down just seven months after taking over the troubled air carrier with the goal of facilitating its sale. Now, nothing is likely to move until after Italy's April 13-14 national elections...
...million a day, Alitalia said in February that its cash reserves had dropped to $263 million. With money rapidly running out, and no good offers on the table, the board may well opt for filing bankruptcy to stave off creditors and force lay-offs and an organizational overhaul. Italian officials say most service would likely continue while the financial restructuring is underway...
...there and there were all these stylists and they’re so Italian! They gave me this vest and I said, ‘Okay, where’s the shirt?’ And they were like, ‘No, no shirt’ and they kept telling me, ‘It’s perfect. You look perfect...
...wish I could read the article,” he says. “But it’s all in Italian...