Alitalia’s Board Seeks Shareholder Approval Of Loan To Boost Liquidity

Alitalia's board of directors has approved a convertible shareholder loan of up to €150 million ($201.2 million) to boost liquidity, and will seek shareholder approval at a general meeting scheduled for Feb. 22. The deal already has the backing on one major investor, Air France-KLM, which says it...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.