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The beleaguered Italian carrier is considering transforming Air One, the local rival it merged with in Dec-2008, into an LCC, although Alitalia Chairman, Roberto Colaninno, stated it is an option “that has to be considered carefully.”
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http://www.centreforaviation.com/news/2009/08/11/ryanair-looks-to-italy-for-growth-alitalia-to-transform-air-one-into-an-lcc/page1