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Alitalia. Intermonte: carrier's rating passed from "Neutral" to "Outperform"

Milan, Italy - The rating company's press release

Intermonte lifted Alitalia’s rating to "Outperform" from "Neutral" to the price of EUR 1.18. The rating company said that Italian Treasury Ministry sold 26.6 million of rights at EUR 0.5 with this operation (see for details AVIONEWS), reducing its share to 49.9%. Additionally, Air France decided to keep its 2% share emphasizing that after Cimoli’s action, Alitalia is the airline having the lowest cos...

AVIONEWS - World Aeronautical Press Agency - 132317

AVIONEWS - World Aeronautical Press Agency
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