Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Alitalia's Plan More Problematic Than Anticipated  
User currently offlineYUL332LX From Canada, joined Feb 2004, 820 posts, RR: 1
Posted (10 years 2 months 1 week 2 days 15 hours ago) and read 1357 times:

AZ is trying to secure a bridge loan "to support the company's operational activity" but they hit a snag...

...Corrado Passera of Italian bank Banca Intesa stated that the airline first will have to draft a credible recovery plan that will trigger a bridge loan from banks, Reuters reported. "There must be a credible restructuring and relaunch plan, which there hasn't been so far," Passera said. The European Commission Friday said any plans for a bridging loan to the airline will need to be examined by the EC to make sure they are in line with state aid rules... ...Questions also are being raised about other elements of the plan, which include splitting off ground and other services from flight operations.

Here is the link:
http://www.atwonline.com/indexfull.cfm?newsid=4172


E volavo, volavo felice più in alto del sole, e ancora più su mentre il mondo pian piano spariva lontano laggiù ...
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Alitalia - Germans More Reliable Than Frenchs! posted Wed Sep 22 2004 17:35:37 by YUL332LX
Article:WN @ PHL More Successful Than Anticipated posted Fri Jun 18 2004 21:26:51 by PHLBOS
AA Stranded More Pax Than Any Other Airlines posted Fri Jun 15 2007 19:54:59 by Jimyvr
More Dynamic Than 'DUO; Irish Aviation 27/07 posted Fri Jun 1 2007 22:37:43 by Kaitak
Alitalia: No More Skirts For Its F/A (funny) posted Fri Nov 10 2006 11:27:17 by Wingedarrow
KLM Makes More Money Than Air France! posted Fri Jun 16 2006 15:43:15 by KLMCedric
Why Is STN More Popular Than LTN? posted Sat Jun 10 2006 19:25:42 by CRJ900
Douglas Aircraft More Durable Than Boeing? Why? posted Sat May 27 2006 20:04:38 by ClassicLover
"Air Travel = More Dangerous Than Driving" posted Wed Feb 8 2006 18:21:36 by RichM
Environment Where The A300 Is More Efficient Than The A330? posted Mon Nov 28 2005 20:52:51 by MaverickM11