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Gandalf declared bankrupt by court

Milan, Italy - The airline filed for bankruptcy last 19th February

After having filed for bankruptcy last 19th February following the failure of talks with potential investors, including Air One and Cirrus (see AVIONEWS), Gandalf was declared bankrupt by Parma’s court in a sentence dated 28th February, which appointed Roberto Piscopo delegated judge and public accountant Marco Ziliotti bankruptcy trustee. The hearing to verify credits will take place on 28th April. T...

AVIONEWS - World Aeronautical Press Agency - 59596
Rome, Italy, 03/04/2004 17:37
AVIONEWS - World Aeronautical Press Agency

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