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Alitalia: CEO Cimoli asks for a bridge-loan in order to save the company

Rome, Italy - Alitalia to be split in two different competent companies

Alitalia Board of Directors pointed out yesterday the relevant difficulties of the carrier in solving its financial problems. The new President/CEO Cimoli unveiled that the loss-making would consist of EUR 190m with reference to figures related to the first three months in 2004. Main solutions suggested by the new direction are the following: first of all, the creation of two different companies with...

AVIONEWS - World Aeronautical Press Agency - 63275
Rome, Italy, 05/14/2004 11:17
AVIONEWS - World Aeronautical Press Agency

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