[lbo-talk] Alitalia chairman eyes 'last chance' rescue

uvj at vsnl.com uvj at vsnl.com
Mon Jul 7 17:19:45 PDT 2008


Alitalia chairman eyes 'last chance' rescue http://www.reuters.com/article/rbssAirlines/idUSL2856111120080628

Sat Jun 28, 2008

By Alberto Sisto

ROME, June 28 (Reuters) - Near-bankrupt Italian airline Alitalia (AZPIa.MI: Quote, Profile, Research, Stock Buzz) faces its last chance to avoid collapse with an upcoming rescue effort, Chairman Aristide Police told shareholders on Saturday. Shareholders gathered to approve 2007 losses of 495 million euros ($779.1 million) at the state-controlled carrier, which is being kept alive by 300 million euro emergency loan from the Italian government. http://www.reuters.com/article/rbssAirlines/idUSL2856111120080628



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