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Aircraft and transport. Blue Panorama and the new laws: the "Preventive composition" procedure. The situation

Rome, Italy - The situation is less simple than it seems

Blue Panorama Airlines SpA communicates it has requested the admission to the preventive composition in continuity under the "Development Decree": as the company itself stated in its press bulletin. The government, through the Law n. 38 of June 22, 2012, called "Urgent measures for the growth of the country", has reintroduced in the national bankruptcy law a possibility for the companies to have...

AVIONEWS - World Aeronautical Press Agency - 1146680

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