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Alitalia (2): the carrier needs the bridge loan as soon as possible

Rome, Italy - It would have been stated by President Cimoli, also reminding the relevance of the splitting into AZ Fly and AZ Service

Alitalia's President and CEO, Giancarlo Cimoli, would have unveiled, during a hearing in front of Italian Senate, that the airline can only survive till the end of this month in terms of liquidity. So, Cimoli would have added, it will be necessary to resort to the bridge loan, the splitting of the carrier into two different firms (AZ Fly and AZ Service), and the capital increase of the first one (which...

AVIONEWS - World Aeronautical Press Agency - 103884
Rome, Italy, 09/23/2004 16:23
AVIONEWS - World Aeronautical Press Agency

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