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Gandalf (2): Alitalia Express takes the carrier over for EUR 7.1m

Parma, Italy - Other bids made by Air One, Prima Srl and Brit Air

Alitalia Express made the highest bid during the tender for the take-over of the bankrupt airline Gandalf, which was held today in front of judge Pasquale Liccardo at Parma's court-house. At court four envelopes were presented: Alitalia Express' with EUR 7.1m, Air One's with 3m, Prima Srl's with 3.611m and Brit Air's with 2.6m. After the opening of the envelopes, Air One asked for a raise, on which...

AVIONEWS - World Aeronautical Press Agency - 60683
Rome, Italy, 03/25/2004 15:01
AVIONEWS - World Aeronautical Press Agency

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