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Airplanes and airlines. Alitalia to get an 80 million Euros advanced payment for capitalization

Rome, Italy - Board of directors asked for it after finding cash shortage

Alitalia will get an 80 million Euros advanced payment for its capital by the end of October to make up for cash shortage. The agreement with Etihad provided that partners advanced 200 of the 300 million Euros for the capital increase of the new company in which the Emirate carrier will enter. This first part was agreed yesterday after the board of directors announced current economic problems caused...

AVIONEWS - World Aeronautical Press Agency - 1163358
Rome, Italy, 10/17/2014 16:12
AVIONEWS - World Aeronautical Press Agency

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