yul332LX
Posts: 798
Joined: Sat Feb 07, 2004 5:15 am

Alitalia's Plan More Problematic Than Anticipated

Tue May 18, 2004 12:26 am

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 ...

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos