Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Alitalia: Treasure Ministry does not appear and delays the bondholders' assembly

Rome, Italy - Foà: "We will institute proceedings against the Ministry"

The assembly announced for yesterday by old Alitalia's bondholders to vote for a compensancio legal action was postponed due to the lack of the Treasure Ministry (62.54% bond equal to 443 million Euros on 715 million in total). The Ministry did not appear and the assembly could not reach quorum. Thus the bondholders announced to institute proceedings against the Ministry. "We intend to appeal against...

AVIONEWS - World Aeronautical Press Agency - 1103227
Rome, Italy, 04/21/2009 16:54
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesEU CJ confirms lawfulness of the loan granted to Austrian Airlines in 2020

For EUR 150m; the Court dismisses the action brought by two carriers

On 23 June 2020, Austria notified the Commission of an aid measure in the form of a subordinated loan (convertible into a grant) of €150 million in favour of Austrian Airlines (AUA), which is part of t... more

AirlinesBoeing: Kelly Ortberg possible new CEO

Replacing the outgoing David Calhoun

In March 2024 Dave Calhoun, outgoing CEO of the US Boeing Group, announced his resignation by the end of the year. The board of directors of the company, specialized in the aerospace and defense sectors,... more

AirlinesNew or modernized planes?

Dilemma companies struggling with fleet renewal

Modernize the planes or buy new ones? It is the dilemma that afflicts many air carrier, especially those that cannot afford to update their fleet by focusing only on the purchase or rental of latest generation... more