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Volare Group: capital increase of EUR 80m

Rome, Italy - Appointed the new Board of Directors: Giorgio Fossa President

Volare Group informed last Tuesday of a capital increase of EUR 80m, as well as a medium-term extension of the debts towards some suppliers equivalent to EUR 120m. The capital increase has been subscribed for EUR 40m by an investor group leaded by the Argentinian Eduardo Eurnekian, holder of the licence of the main 32 airports in Argentina and of the Volare Group capital stock majority together with...

fra/pec - 59899
Rome, Italy, 03/11/2004 13:12
AVIONEWS - World Aeronautical Press Agency

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