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Alitalia (2): capital stock reduction and recapitalization start have been approved
Rome, Italy - Capital increase to be performed by next December 31
Capital stock reduction of Alitalia has been finally approved down to about EUR 291m to cover loss on March 31, 2005. By such an operation also the reduction of stakes number has consequently occurred (one replacing previous 30 shares). As far as it is concerned with convertible bond, the Italian airlines President and CEO Giancarlo Cimoli would have underlined that such a step will produce costs...
AVIONEWS - World Aeronautical Press Agency - 124666
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency