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Alitalia: a green light for the mortgage on 28 fleet airplanes

Rome, Italy - So, some EUR 371m have been recovered and they will prove useful with reference to the EUR 400m bridge-loan return

Alitalia recovered some EUR 371m to be used regarding the EUR 400m bridge-loan return and it was possible by a mortgage involving 28 airplanes from its fleet (consisting of a total amount of more than 180 aircraft). The financing contract (it deals with USD 445m), as lasting for eight years, was signed by French company GE Corporate which is part of US General Electric. The carrier is resorting to...

AVIONEWS - World Aeronautical Press Agency - 133157
Rome, Italy, 12/16/2005 12:27
AVIONEWS - World Aeronautical Press Agency

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