EC clears Italy’s ITA for fresh start after ruling no liability for Alitalia state aid

Alitalia

Source: Cineberg/Shutterstock.com

European competition regulators have cleared a €1.35 billion ($1.6 billion) Italian capital injection into Italia Trasporto Aero (ITA) and ruled the new operation is not liable to repay €900 million in illegal state aid received by national carrier Alitalia.

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