Tag Archives: EIRDC

Alitalia reaches its $412 million cash call goal, will keep flying

Alitalia (2nd) (Rome) has reached its goal to obtain $412 million in a cash call from its close investors according to Reuters. This will allow the struggling carrier to keep flying during the Christmas and New Year’s Day holidays. The cash call is part of the Italian government’s plan to keep the flag carrier flying while it searches for a new partner to rescue the airline.

Read the full story from Reuters: CLICK HERE

Copyright Photo: Rolf Wallner/AirlinersGallery.com. Embraer ERJ 170-200LR (ERJ 175) EI-RDC (msn 17000333) taxies at Zurich.

Alitalia (2nd): AG Slide Show