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Alitalia: Brussels to give green light to AZ Fly recapitalization
Brussels, Belgium - Manoeuvre excludes state aid proving that private investments were concurring
European Commission gave green light to the EUR 1,2bn recapitalization of AZ Fly (with minority state holdings), if private contribution is higher and concurring than the state one. In this case in fact there would be no state aid. Brussels will decide today about Alitalia case: it is necessary to prove that recapitalization announced by AZ Fly satisfies the principle of private investor operating...
AVIONEWS - World Aeronautical Press Agency - 112288
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency