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Alitalia: Spinetta Resigns From the Board of Directors

Alitalia said Wednesday that Jean-Cyril Spinetta, the Air France-KLM CEO, has resigned from the board of directors of the Italian airline.

The announcement was given in a brief Alitalia statement.

Alitalia, which has reported widening losses due to higher fuel costs, competition from low-cost carriers and the impact of a series of strikes, has been in exploratory talks with Air France-KLM. But the group insists Alitalia must improve its finances before partnering up with another airline.