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16 investors in new company to run Alitalia -source

MILAN, Aug 26 (Reuters) - Sixteen Italian investors have agreed to be in a new company to run Alitalia in a plan that foresees an initial investment of 1.0 billion euros ($1.47 billion) to save the struggling airline, a source familiar with the dossier said on Tuesday.

Roberto Colaninno, the financier behind scooter maker Piaggio , will become chairman of the new company, the source told Reuters. (Reporting by Gianluca Semeraro; writing by Gilles Castonguay)