Today things are looking up for Alitalia. If last-minute efforts to save Alitalia succeed under the current plan, the airline would be run by CAI, the Italian Air Company. Alitalia and Air One would merge, and Lufthansa and Air France-KLM would provide needed investment.
There's also the intriguing question of what might happen if these negotiations fail. On Tuesday, easyJet made public their interest in several domestic Italian routes in exchange for Alitalia's corresponding airport slots. It raises the question: if this last-ditch plan fails, what will happen to Alitalia's airport slots at airports around the world?