Financial Times FT.com

Berlusconi vow puts Alitalia nearer collapse

By Guy Dinmore in Rome

Published: March 21 2008 19:51 | Last updated: March 21 2008 19:51

Alitalia lurched nearer bankruptcy Friday after Silvio Berlusconi, Italy’s opposition leader, said he would block an Air France-KLM takeover bid if elected prime minister next month.

His pledge came in spite of government warnings that the loss-making airline was weeks away from running out of cash.

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