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Finmeccanica approves the sale of Ansaldo Energia

Rome, Italy - To Fondo Strategico Italiano

The Board of Directors of Finmeccanica, convened last Friday under the chairmanship of Gianni De Gennaro, has resolved to sell its shareholding in Ansaldo Energia to Fondo Strategico Italiano. The transaction has been agreed at a fixed price of 777 million euros, and an earn out worth up to 130 million euros maturing over the years 2014, 2015 and 2016, linked to delivery of economic results by Ansaldo...

fra/pec - 1155621

AVIONEWS - World Aeronautical Press Agency

Press releasePlanes. CJ EU: the unruly behaviour of an air passenger may constitute an "extraordinary circumstance"

Capable of exempting the carrier from its obligation to pay compensation for the cancellation or long delay of the flight

Nevertheless, the airline must, in respect of the reasonable measures that it must adopt in order to release itself from its obligation to pay compensation, ensure the re-routing of passengers as soon as possible, by means of other direct or indirect flights which may be operated by other carriers more