The Bottom Line
Air France-KLM withdrew its offer for Italian carrier Alitalia, throwing the struggling airline’s future into doubt.
Air France-KLM withdrew its offer for Italian carrier Alitalia, throwing the struggling airline’s future into doubt. Trading in Alitalia, which loses about $1.6 million a day, was suspended after the news broke. Outgoing Italian Prime Minister Romano Prodi backed Air France’s bid, but newly elected successor Silvio Berlusconi wants the airline to stay in Italian hands. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- How my boyfriend and I learned to live on one income
- He said he was leaving. She ignored him.
- Why the poor's investment of choice is so alarming
- Why Texas Republicans may want to cool the anti-Obama land-grab talk
- Why China's Communist Party is headed for collapse
- 31 TV shows to watch in 2014
- Why atheism doesn't have the upper hand over religion
- Why conservatives see rural America as the 'real' America
- How to make perfect fried rice in 6 easy steps
- Affirmative action is doomed. Here's what progressives should do about it.
Subscribe to the Week