News wire article from our research archive:
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Alitalia's Future Is 'Continuing The Business'
- Article from:
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US Fed News Service, Including US State News
- Article date:
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July 14, 2008
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Copyright informationCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
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ebookers.com issued the following news release:Aristide Police, the chairman of Alitalia observed on Friday that the plan for Alitalia's future has not been constructed around a condition of bankruptcy or by putting debts into a separate entity. On the other hand, in a move to assist the ailing airline, Intesa Sanpaolo is exploring a new rescue strategy, which ultimately failed to find a buyer when it was put up for sale by the government 18 months ago.
According to newspapers, the plan by Intesa Sanpaolo might call for a change to one of the bankruptcy laws of Italy or putting the debts of Alitalia into a separate "bad company" to bring the investments into the activities related to ...
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Miracle postponed; Alitalia.(government rescue of Linee Aeree Italiane...
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August 9, 2008 ;
661 words
......some ways, incomplete. Alitalia is in such dire straits...France-KLM made an offer for Alitalia in March, but withdrew...reach agreement with Alitalia's unions--and after...would be unacceptable. Intesa Sanpaolo, the bank subsequently...Italian investors for Alitalia, quickly found ...
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Fiat chairman backs Italian airline company's bid for Alitalia
Xinhua News Agency;
December 11, 2007 ;
383 words
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Intesa Sanpaolo (Italy) Wins VASCO's Market Vision Award 2008.
PR Newswire;
June 10, 2008 ;
700+ words
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MOODY'S UPGRADES CARIROMAGNA TO A1 FOLLOWING ACQUISITION BY INTESA...
Info-Prod Research (Middle East);
November 27, 2007 ;
266 words
......action follows the recentincrease in Intesa SanPaolo's (rated Aa2/B-/P-1) stake in the...in the process of beingacquired by Intesa SanPaolo, with 8% and local retail investors...Oncompletion of this further acquisition Intesa Sanpaolo's stake inCariromagna will therefore...
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Investors To Put EUR1 Bln Into Alitalia - Report
US Fed News Service, Including US State News;
August 7, 2008 ;
234 words
......significant move to rescue the Alitalia, arrangements have been made...designed for the airline. Intesa Sanpaolo, is the government-appointed...plan is to seek to raise Alitalia's 40 percent share of the...partner for a new salvaged Alitalia when compared to a former...on a Milan airport, ...
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Jacobs Receives Contract for New Intesa Sanpaolo Head Office Building in...
PR Newswire;
June 3, 2008 ;
535 words
......today that it received a contract from Intesa Sanpaolo S.p.A. to provide project and construction...office building in Turin, Italy. The Intesa Sanpaolo banking group, which was formed by...most impressive structures in Europe. Intesa Sanpaolo noted, The project will contribute...
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INTESA SANPAOLO TO BUY 19.9% OF QINGDAO CITY BANK
AsiaInfo Services;
July 18, 2007 ;
252 words
...AsiaInfo Services 07-18-2007 intesa+sanpaolo+spa[(isnpy)] Intesa Sanpaolo to Buy 19.9% of Qingdao City Bank QINGDAO, Jul 18, 2007 (SinoCast via COMTEX) -- Intesa Sanpaolo SpA, the largest banking group of Italy, clinched...
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New force in town in offshore banking; Intesa Sanpaolo Bank Ireland: Fifth...
The Daily Mail (London, England);
May 19, 2008 ;
465 words
......financialworld. Results just lodged by Intesa Sanpaolo Bank Ireland show that it has become...Bond Bank and De Lage Landen Ireland. Intesa Sanpaolo Bank Ireland lends to large corporate...bank is a wholly-owned subsidiary of Intesa Sanpaolo, Italys largest retailbank with more...
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MOODY'S WITHDRAWS RATINGS OF KMB-BANK (ZAO), A BANK OF INTESA SANPAOLO
Info-Prod Research (Middle East);
June 5, 2008 ;
178 words
......withdrew thefollowing ratings of KMB-BANK (ZAO), a bank of Intesa Sanpaolo: bankfinancial strength rating (BFSR) of D- and the bank...with the newguidelines established by the bank's parent, Intesa Sanpaolo Group. Moody's notes that, as of the date of the ratings...
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Down to earth with a bump; Alitalia.(Alitalia Linee Aeree Italiane S.p.A.)
The Economist (US);
July 21, 2007 ;
545 words
......probably did not help. The lack of interest in Alitalia is not surprising, given the conditions that...was required to meet. These included taking on Alitalia's debt and maintaining its current route structure...things pretty much as they are, in short. Yet Alitalia clearly needs shock therapy. Last year ...
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Unions vow to limit Alitalia cuts
International Herald Tribune;
September 8, 2004 ;
589 words
......Herald Tribune 09-08-2004 A day after Alitalia said it would cut 5,000 jobs, a quarter...management for the dire financial situation of Alitalia, which has had an operating loss for...there may be room for Giancarlo Cimoli, Alitalia's chief executive, to negotiate a final...
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Italian bank funds one of five shortlisted Alitalia bidders.(Intesa...
Airline Industry Information;
February 14, 2007 ;
109 words
...AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD Intesa Sanpaolo, an Italian bank, is providing financing to back a bid for Alitalia by AP Holding. AP Holding is reportedly connected to the airline's domestic competitor...
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Where eagles dare: Alitalia.
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February 11, 1995 ;
700+ words
...HAS the crunch finally come for Alitalia? With losses of 900 billion lire ($635m...not already know how unreliable it was, Alitalia recently took out full-page newspaper...or delayed over recent weeks. In fact, Alitalia's message--that things were getting worse...
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