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Alitalia (2): no more than EUR 400m for a bridge-loan

Rome, Italy - It is the basic condition suggested by Italian Ministry of Economy

Alitalia's Board of Directors led by the new President/CEO Giancarlo Cimoli had asked Government for a bridge-loan consisting of at least EUR 400m, when considering what could be the financial loss of the company during 2003. Actually, Board of Directors yesterday put into evidence how such loss would consist of some 520m, but Italian Ministry of Economy would not intend to warrant a financial support...

AVIONEWS - World Aeronautical Press Agency - 63604
Rome, Italy, 05/21/2004 11:22
AVIONEWS - World Aeronautical Press Agency

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