No longer Ferrari's long-time president, Luca di Montezemolo's next move is now clear. Authoritative reports including the ANSA news agency say the flamboyant 67-year-old, deposed recently by Sergio...

No longer Ferrari's long-time president, Luca di Montezemolo's next move is now clear.

Authoritative reports including the ANSA news agency say the flamboyant 67-year-old, deposed recently by Sergio Marchionne as the Fiat Chrysler group hit the stock market, has been appointed to lead the Italian flag carrier Alitalia.

"The board of the old Alitalia designated Montezemolo ... who will eventually be nominated by the board of the new company," a source told the Reuters news agency, referring to the merger between Alitalia and Abu Dhabi's Etihad.

 

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