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Ansaldo STS. Hitachi: ok to the dividend distribution to the upcoming shareholders' meeting

Rome, Italy - If approved it will trigger a price adjustment mechanism, that the Group will pay to Finmeccanica

"With reference to the share purchase agreement signed on 24 February 2015 between Finmeccanica and Hitachi, pursuant to which the latter undertook to acquire all Finmeccanica’s shares in Ansaldo STS SpA (the “Agreement”), Finmeccanica and Hitachi inform that, following the approval by the Board of Directors of Ansaldo STS held last Friday of a proposed dividend distribution, pursuant to the inter...

fra/pec - 1166743

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