Air France-KLM Group with 25 percent of the stock is the key to Alitalia’s (2nd) survival. According to this report by Reuters quoting internal sources, the group has stated privately the Alitalia rescue plan and capital infusion “fell short of its requirements, particularly in terms of debt restructuring.”
However, the source added that Alitalia was “of strategic interest” to Air France-KLM.
Meanwhile Willie Walsh of the International Airline Group (British Airways, Iberia and Vueling Airlines) has spoken out against the state aid for Alitalia and has called on the European Commission to stop the Italian government’s efforts to prop-up the failing flag carrier.
Read the full report: CLICK HERE
Source: WorldAirline News
No comments:
Post a Comment