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Alitalia: shareholders meeting approved the issuance of a loan in favour of the company

Rome, Italy - Expire in 2015

The Alitalia Shareholders Meeting held on February 22 approved the proposal by the Board of Directors relating to the issuance of a shareholder loan in favour of the Company. The loan of up to a maximum of 150 million Euros will expire in 2015 and each shareholder will have the option of subscribing proportionally to his shareholding. At the end of the first year of the loan, the Shareholders will...

fra/pec - 1150031

AVIONEWS - World Aeronautical Press Agency

Press releasePlanes. CJ EU: the unruly behaviour of an air passenger may constitute an "extraordinary circumstance"

Capable of exempting the carrier from its obligation to pay compensation for the cancellation or long delay of the flight

Nevertheless, the airline must, in respect of the reasonable measures that it must adopt in order to release itself from its obligation to pay compensation, ensure the re-routing of passengers as soon as possible, by means of other direct or indirect flights which may be operated by other carriers more