Debt ridden Alitalia may be forced to ground all flights this week unless a financial rescue package is put in place.



Italian aviation authorities have reportedly warned that the airline’s operating licence could be removed within days unless a cost cutting plan emerges.



The boss of the country’s civil aviation authority ENAC Vito Riggio was reported in local media as saying: “If the financial plan doesn’t arrive in three to four days the licence will be suspended.”



His comments came after a bid by investor group CAI fell through on Friday due to opposition by six unions         

by Phil Davies