The article below from NYTimes.com has been sent to you by psa188@xxxxxxxxx /--------- E-mail Sponsored by Fox Searchlight ------------\ SIDEWAYS - OPENS IN NEW YORK AND LOS ANGELES OCT. 22 An official selection of the New York Film Festival and the Toronto International Film Festival, SIDEWAYS is the new comedy from Alexander Payne, director of ELECTION and ABOUT SCHMIDT. Starring Paul Giamatti, Thomas Haden Church, Sandra Oh and Virginia Madsen, SIDEWAYS opens in NY & LA October 22 and will expand across North America in November. Watch the trailer at: http://www.foxsearchlight.com/sideways/index_nyt.html \----------------------------------------------------------/ Alitalia Sees $643 Million Loss This Year October 18, 2004 By BLOOMBERG NEWS Alitalia, Italy's largest airline, is expecting a loss this year of about 515 million euros ($643 million), in line with 2003. The loss before taxes and extraordinary items will be "not dissimilar" to that of last year, Alitalia said in a statement distributed Saturday by the Italian stock exchange. The statement was in response to a request from the market regulator Consob for a clarification of the airline's outlook. The company lost 520 million euros before extraordinary items in 2003. Alitalia said it would soon receive the first part of a 400 million euro loan guaranteed by the Italian government. Alitalia is setting aside 289 million euros to pay for the elimination of 3,700 jobs, or about 20 percent of its employees, as well as for splitting the company into two units. The chief executive, Giancarlo Cimoli, plans to cut 1 billion euros in costs over the next four years and add new planes in a bid to return to profit after four years of operating losses. Mr. Cimoli plans to split Alitalia into a business called AZ Fly for flight operations and one for ground services and handling, to be named AZ Servizi. The group's debt will be left with AZ Fly, the airline said. Mr. Cimoli's business plan sets a goal of breaking even in 2006 and then expanding by buying 7 long-haul and 12 medium-haul planes by 2008. Alitalia plans to increase its market share in Italy, which has fallen to 43 percent this year from 66 percent in 2002, and add routes to South America, China and Eastern Europe. http://www.nytimes.com/2004/10/18/business/worldbusiness/18airline.html?ex=1099111680&ei=1&en=529139da7a7261a5 --------------------------------- Get Home Delivery of The New York Times Newspaper. Imagine reading The New York Times any time & anywhere you like! Leisurely catch up on events & expand your horizons. Enjoy now for 50% off Home Delivery! Click here: http://homedelivery.nytimes.com/HDS/SubscriptionT1.do?mode=SubscriptionT1&ExternalMediaCode=W24AF HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@xxxxxxxxxxx or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@xxxxxxxxxxxx Copyright 2004 The New York Times Company