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Italy

Re-nationalised Alitalia appoints Fabio Lazzerini as CEO

epa05928785 Italian airline 'Alitalia' planes are parked on the tarmac of Fiumicino's Leonardo da Vinci International airport, near Rome, 26 April 2017. Italian Prime Minister Paolo Gentiloni on 26 April was quoted as saying that he was disappointed Alitalia workers had rejected a plan to turn around the troubled airline and admitted he was worried about the company's future. 'I cannot silence the concern about what is happening to Alitalia' and 'It is necessary to be on the market to compete. I am disappointed that the opportunity of the agreement between the company and the unions was not accepted', he was quoted as saying by Italian media. EPA/TELENEWS

ITA said on Friday it appointed Fabio Lazzerini as its chief executive as the new company set up for the re-nationalisation of struggling carrier Alitalia held its first board meeting.

Rome regained control of the loss-making carrier after 11 years of troubled private management and two failed restructuring attempts.

Chairman Francesco Caio was handed responsibility for audit, compliance and legal affairs. The board gave him and the CEO a mandate to form two separate units, for ground handling operations and maintenance.

“Today we enter the operative phase of ITA … with the ambitious goal of creating a successful airline for the country,” Lazzerini said in a statement.

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