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ITA Airways: alarm on the economic account

The Executive postponed the capital increase to the end of the year

The Ministry of Economy and Finance (Mef), sole shareholder of the flag carrier ITA Airways, received a report on the company's income statements from the airline's management in the past few hours. The document states that in December the cash level could fall below the safety threshold of 100 million euros, becoming "unsustainable".However, the Executive postponed the 400 million euros capital increase...

Gic - 1246735
Rome, Italy, 09/08/2022 14:29
AVIONEWS - World Aeronautical Press Agency

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