Airline: Million credit for Alitalia apparently just before release

Airline: Million credit for Alitalia apparently just before release

         Airline million credit for Alitalia apparently just before release The Italian airline threatens to run out of money until the end of the year. According to insiders, the government wants to grant a loan of 400 million euros by emergency decree. The deficient airline Alitalia may, according to insiders, hopes to make a government cash injection. Italy’s governing coalition of 5-star movement and Democratic Party (PD) will soon approve an already scheduled loan of 400 million euros, it said on Monday in political circles in Rome. Alitalia should bridge the time of the ongoing search for investors. Originally, the release of the funds was linked to the success of negotiations to rescue the company. But after a number of potential investors – including Lufthansa – have withdrawn, Alitalia threatens to run out of money by the end of the year. More than 11. (**********) Jobs would be at risk. The new million-credit is to be released by emergency decree, as reported by the circles on. It also stipulates that there should be a new start to sell the company. This time Alitalia should be sold until the end of May. Three state-appointed Alitalia administrators have the right to reduce workforce and aircraft fleets, insiders said. According to the government, the coalition should pass the decree on Monday. Public loans for Alitalia amount to 900 million since May 2017 when the company was placed under special administration. According to analysts, the company is likely to have already received a multiple of its taxpayer money. Now on wiwo.de You want to know what drives the economy? Click here for the latest articles of WirtschaftsWoche. © Handelsblatt GmbH – All rights reserved. Acquire usage rights?          Services offered by our partners       
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