Alitalia's board of directors has decided on a 100 million euro capital increase for the airline. This was learned at the end of the board meeting today which approved the company's half-year report. The vice president of Alitalia and shareholder of the company with 3,8%, Salvatore Mancuso, described the Board of Directors as "beautiful and productive".
Also on the agenda are the first results of the work of Banca Leonardo, charged with sounding out the banks to find the liquidity of 350 million provided for in the business plan. According to what was stated by a director, Antonio Orsero (Gfmc, 1,77%) upon leaving the board of directors, the Board of Directors will meet again on Thursday 3 October.
Also in the afternoon, on the sidelines of the EU Competitiveness Council, the Minister of Economic Development Flavio Zanonato detot that Alitalia "first needs to be fully restored, and then all the necessary alliances are made". A bridging solution is now needed because "there is a financial crisis that needs to be resolved", and as for a possible role of the banks "it's all in progress, we are discussing it, but I think we will find the resources to overcome this phase".
