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Alitalia may run out of fuel by summer

This follows poor response to its rights issue

Too much of a gamble: The airline has so far raised less than two-thirds of the 300 million euros wanted from the share sale and will rely on Italy's state-owned postal service and other investors for the rest. - PHOTO: REUTERS

[MILAN] After a poor response to its emergency rights issue, Alitalia has been left with the prospect of literally running out of fuel before the peak season next summer unless it can get top shareholder Air France-KLM or some other investor to pour in billions of euros and revamp its fleet,