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ITA Airways: 400 million from the Government

Executive chairman Alfredo Altavilla will soon be removed

The Italian Government is ready to disburse 400 million euros that will go to replenish the coffers of the Italian airline ITA Airways. This is a capital increase, already authorized by the European Commission. The Executive would have gladly avoided the outlay, but the privatization should have been completed by October.The Ministry of Economy and Finance (Mef) will formalize the disbursement of the...

Gic - 1247789
Rome, Italy, 11/07/2022 12:22
AVIONEWS - World Aeronautical Press Agency

AirlinesITA Airways: Mef asks for a reduction of the BoD members

Letter sent to management also asking for the removal of president Alfredo Altavilla

The Ministry of Economy and Finance (Mef) has sent a letter to the management of the Italian airline ITA Airways. In the letter he asks the current executive president Alfredo Altavilla to update the agenda... more

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