Alitalia chairman says will have no management role after capital hike

Newswire

ROME, Oct 31 (Reuters) - Roberto Colaninno, chairman of Italy's troubled air carrier Alitalia, said on Thursday he will no longer be a manager at the company after a capital increase is completed, though he will remain a shareholder and on the board of directors. "I will not be free to take on new executive roles in the company," after the airline finishes a 300-million-euro cash call, he said in a statement. (Reporting by Steve Scherer)

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