Printer Friendly

Alitalia plans target of formal EU probe.


A formal investigation has been opened into the plans to rescue Italy's Alitalia SpA, the European Commission has said.

The regulators of the European Union reportedly want to see if the EUR1.2bn plan can be considered to be illegal state aid as there is concern that the aid would be in conflict with EU rules regarding competition.

The Italian government's financial aid would be used for recapitalising the airline's flight division as well as for a partial sale of ground services, The Associated Press reported.

((Comments on this story may be sent to
COPYRIGHT 2005 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Airline Industry Information
Article Type:Brief Article
Geographic Code:4EUIT
Date:Jan 19, 2005
Previous Article:Etihad Airways close to decision on A380 engines.
Next Article:Malaysia Airlines offers reward for vandalism information.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |