SUBSCRIBERS
Bailout or bust? Ailing Alitalia divides Italians and paralyses Rome
Published Mon, May 1, 2017 · 09:50 PM
Milan
ITALIANS are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would be better for the country if it crashed.
Outraged at repeated state bailouts that have cost taxpayers more than seven billion euros (S$10.6 billion) over a decade, many Italians are taking to social media to urge the government to resist the political temptation to rush to its rescue again.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
China's largest auto show displays all-electric future, local brands dominate
Toyota hits record annual output, sales on robust demand
Nissan, Mazda roll out new models for China as they aim for comeback
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
XPeng CEO says its software, AI upgrades to enter ‘super fast cycle’