Arab Today, arab today italy\s troubled alitalia hopeful it can raise cash
Last Updated : GMT 16:24:29
Arab Today, arab today
Arab Today, arab today

Italy\'s troubled Alitalia hopeful it can raise cash

Arab Today, arab today

Arab Today, arab today Italy\'s troubled Alitalia hopeful it can raise cash

Rome - AFP

Debt-laden Italian flag carrier Alitalia said on Thursday it was confident it would raise enough cash by a December 8 deadline to avoid collapse, despite falling short of the desired-for capital increase. The troubled company, which is searching for a foreign partner to rescue it, said a capital increase aimed at raising up to 300 million euros ($408 million) had attracted 173 million euros from shareholders so far. The interest shown "should be confirmed in the coming days and at the latest by December 10," Alitalia said in a statement, adding: "There are still the conditions for the capital increase to be completely allocated". Alitalia has so far failed to convince its main shareholder Air France-KLM, which holds a 25-percent stake, to take part in the rescue, raising concern about the company's survival. The Italian government has said the state postal service has undertaken to contribute 75 million euros and has denied that this constitutes state aid.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy\s troubled alitalia hopeful it can raise cash Arab Today, arab today italy\s troubled alitalia hopeful it can raise cash

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy\s troubled alitalia hopeful it can raise cash Arab Today, arab today italy\s troubled alitalia hopeful it can raise cash

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 10:39 2017 Monday ,26 June

Authorities release Assala under conditions

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday