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Seven Group granted a deferment of payment for Air Littoral

Paris, France - It has to pay EUR 11m within the end of the month

Seven Group, the fund lead by Mario Palmonella, is to pay EUR 11m within the end of the month in order to complete the recent purchase of the Air Littoral airline, that carried to the birth of the European regional carrier Azzurra Air Littoral (see the news published by AVIONEWS). The Montpellier Court, that had the assignment to find a buyer for the airline already near to the bankruptcy, has granted...

AVIONEWS - World Aeronautical Press Agency - 55497
Rome, Italy, 11/24/2003 11:58
AVIONEWS - World Aeronautical Press Agency

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