Air Transport World

European Commission.(EUROPE Report)(Brief article)

European Commission last month confirmed the launch of an investigation into the Italian government's [euro]300 million ($465 million) emergency bridge loan to Alitalia, granted in April under a specific decree-law. A second decree-law on May 27 allowed AZ to incorporate that sum into its equity capital, enabling it to avoid bankruptcy proceedings and permitting its possible privatization. …

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