From shareholders 700 million for Ita, Alitalia’s heir closest to take-off

by time news

Time.news – The shareholders’ meeting of Ita, the ‘heir’ of Alitalia, have given the green light to a capital increase of 700 million euros.

The resolution follows the approval by the board of directors of the 2021-2025 Business Plan lines and the completion of the approval process underway by the European Commission on the basis of the “Comfort Letter” it issued on 15 July.

The take-off of October 15th

“Today is another important step in the process that you will see the take-off of the new company on October 15th “, said the president of the group, Alfredo Altavilla. “With the increase just approved – observes Altavilla – the public shareholder confirms the solidity of the project from a private investor’s point of view. The next step will be the immediate start of negotiations with Alitalia in extraordinary administration for the acquisition of the perimeter” Aviation ‘, awaiting the call for tenders for the sale of the Alitalia brand which we hope will take place as soon as possible “.

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