Alitalia had financial obligations of $3.3 billion in the finish of February: government

Alitalia, 49 percent of Etihad Airways, has filed to become put under special administration for that second amount of time in under ten years after workers rejected its latest save plan, beginning a procedure that can result in the carrier being overhauled, offered off or finished up.

Loss-making air travel Alitalia, which requested to become put under special administration on Tuesday, had financial obligations close to 3 billion euros ($3.3 billion) by February. 28, Italy’s government stated.

Inside a document marking the outlet from the special administration process and also the appointment of three commissioners which will run the air travel to any extent further, the federal government stated on Saturday Alitalia had current liabilities close to 2.3 billion euros and assets worth 921 million.

(Reporting by Agnieszka Flak and Alberto Sisto editing by Alexander Cruz)

($1 = .9096 euros)

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