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Alitalia: Italian Chamber of Deputies approves the bridge loan

Rome, Italy - EUR 400m to be returned in 12 months on the basis of funds achieved by tender

Italian Chamber of Deputies approved on last Saturday the decree which warrants State's support for funding the bridge loan devoted to Alitalia. This occurs right when carrier's board unveils loss, at the end of the first half of 2004, for some EUR 330m (about one third of its value). The Air France-KLM alliance confirms the possibility for an agreement with the Italian carrier if it proves able to...

AVIONEWS - World Aeronautical Press Agency - 100968

AVIONEWS - World Aeronautical Press Agency
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