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Italian Minister Confident EU Will Allow Alitalia Rescue Plan

By DMO Affiliate
BOLOGNA, Italy (Reuters) - Italy's transport minister Maurizio Lupi does not believe a government-sponsored rescue plan for loss-making airline Alitalia will fall foul of European state aid rules, he said on Wednesday. Earlier this week International Airlines Group , which owns British Airways and Spain's Iberia, attacked the 500 million-euro ($675 million) plan to help Alitalia and urged the European Commission to intervene. The plan, unveiled last week, envisages a cash injection by state-owned postal services group Poste Italiane via a share issue. "We are absolutely certain of our reasons. ...
Italian Minister Confident EU Will Allow Alitalia Rescue Plan




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