Posts Tagged ‘Alitalia’
Alitalia Seeks More Bank Funding
Alitalia has asked banks to extend an existing loan agreement by EUR€50 million (USD$68 million), daily Il Messaggero reported, in a sign the troubled Italian airline may again be facing a liquidity crisis just weeks after a ...
Alitalia Has Three New Shareholders
Italy’s Poste Italiane, bank Unicredit and Odissea have joined Alitalia as new shareholders after investing in the Italian airline’s EUR€300 million (USD$410 million) capital increase, Alitalia said on Friday. The...
Alitalia Reaches Capital Increase Target
Alitalia has succeeded in arranging the EUR€300 million (USD$412 million) it needs to keep flying over Christmas after a drawn-out capital raising, a source with knowledge of the operation said on Tuesday. The cash cal...
Italian Businessman To Invest In Alitalia
Italian businessman Antonio Percassi said he will subscribe to Alitalia’s capital increase for EUR€15 million through his Odissea holding company. In a statement Percassi, whose businesses include managing retail...
Must Alitalia Be Allowed To Fail?
In 2008, Maurizio Prato, then chairman of Alitalia, mentioned handiest an “exorcist” might store the Italian airline. 5 years later, the close to-bankrupt provider remains to be ready for a miracle employee. ...
Is Alitalia Operating Out Of Choices?
After a negative response to its emergency rights problem, Alitalia has been left with the possibility of actually working out of gasoline earlier than the height season subsequent summer time until it might probably get...
