Air Transport

DATE:14/06/05
SOURCE:Flight International
Alitalia assistance gets green light

 Alitalia was cleared by the European Commission on 7 June of receiving illegal funding from the Italian government. Brussels launched an in-depth investigation of a €1.2 billion ($1.5 billion) loan made by the Rome administration last January. The EC found that “the recapitalisations of Alitalia and its services subsidiary do not involve any state aid provided that the conditions laid down to ensure that the state behaves like a prudent investor are strictly complied with”.

Links posted in this story:


Rate this article
12345
Poor   Outstanding
Average rating: 2 out of 5

Click here to check out the highest rated articles
 

For exclusive news and expert analysis every week subscribe to Flight International print edition. Included with your subscription are 4 FREE issues and FREE delivery to your home or office.


Make the most of the web

Flightglobal is offering a series of FREE ‘What Works Online’ webinars to equip you with the knowledge, resources and best practice advice to help you achieve your business goals

Learn how to reach new customers through online advertising and email marketing, drive traffic through SEO and generate new leads online

Don’t miss this free training opportunity delivered by experts in online marketing