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Alitalia: Italian Ministry of Economy allows a capital increase

Rome, Italy - A significant opening to private investment so honouring EU ruling regarding state aids

Alitalia's Board of Directors ended yesterday in the evening by approving management accounts for 2003, finding out loss for some EUR 520m. Aiming to a relaunch of the carrier through an industrial plan for 2004-2008, Italian Ministry of Economy has accepted to warrant the resort to a bridge-loan, provided that one significantly allows private investment. This way, it should be possible to operate...

AVIONEWS - World Aeronautical Press Agency - 63602
Rome, Italy, 05/21/2004 11:19
AVIONEWS - World Aeronautical Press Agency

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