Independent journal on economy and transport policy
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Air France-KLM confirmation the intention not to sign the increase of capital of Alitalia
the airline Franco-Dutch emphasizes its engagement "to remain a faithful and reliable partner" of the Italian society
November 14, 2013
After the approval yesterday by the board of directors of Alitalia of the review of the industrial plan of the Italian airline, reunion in the course of which also it is deliberated to on 27 November postpone the term for the exercise of option in relation to the deliberated increase of vital from the assembly 15th October, Air France-KLM has confirmed today officially the intention not to sign such increase of capital.
Air France-KLM, that it stops 25% of the capital of Alitalia, has moreover specified to confirm its engagement "to remain a faithful and reliable partner of Alitalia, with the continuity of the partnership industrial currently in vigor". Partnership that, signed in 2009 for a duration eight-year-old - it has emphasized the airline Franco-Dutch - "anticipates many advantages for both the societies". Air France-KLM but has specified that, "even if the industrial member of the new one slowly introduced yesterday from Alitalia is going in the just direction and receives the full support of Air France-KLM, the necessary measures of restructure financial institution still are not satisfied". At last the company has announced that, after the capital increase, it intends to convert the convertible debentures of Alitalia, "operation - it has explained - that will afford to improve means own of Alitalia maintaining tightened ties through the participation of Air France-KLM to the capital of Alitalia".
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After the approval yesterday by the board of directors of Alitalia of the review of the industrial plan of the Italian airline, reunion in the course of which also it is deliberated to on 27 November postpone the term for the exercise of option in relation to the deliberated increase of vital from the assembly 15th October, Air France-KLM has confirmed today officially the intention not to sign such increase of capital.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
