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Chairman of ITA Airways has been stripped of his powers

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The Chairman of Italy’s flagship carrier has been stripped of his powers

Alfredo Altavilla  will stay on the sidelines as the company’s Chief Executive is given the big job of selling the Italian airline.

While the airline is yet to comment on the matters, Reuters is reporting a private equity fund could be interested in the airline.

Of course, ITA Airlines has had some turbulent times since it launched in 20-20.

The pandemic and labour shortages have forced the Italian Government to continue its plans to privatise the airline.

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