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Re: Savoia Marchetti SM.82 NCL.39
The badge is that one of the italian airline L.A.T.I., so the code should mean Nucleo Comunicazioni L.A.T.I.
The Nuclei Comunicazioni were the name of the italian militarized airlines: Ala Littoria, L.A.T.I., Avio Linee Italiane (ALI).
Thank you for posting, I've never seen such a code before
ciao
Gianandrea
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