Republic - July 28, 2001
ROME - L 'Alitalia formalises the' alliance Air France and Delta and join the Sky Team global network, offering its 8,000 passenger flights per day to 500 destinations in 120 countries and aboard more than 1,000 aircraft that make up the fleets of Air France, Delta, Korean Air, Aeromexico and CSA Czech Airlines. It 'a decisive step for the future of the company is still head down' Iri by 53 percent and is facing a worrying financial situation, as he admitted yesterday its chief executive Francesco Mengozzi, who pointed out that the relationship between liabilities and shareholders 'equity rose from 1 to 5 in 1998 to' present 1.25 to 1, ie 1.25 pounds for every pound of debt to equity. "And that involves a recapitalization," Mengozzi said, adding that the scope 's capital increase will be determined by next September, that "only after the launch of the business plan, we will also know the fabbisono fleet." With a ceremony attended also the minister 's Economy, Giulio Tremonti, in addition to the heads of all the companies concerned, the' Alitalia joined yesterday in what is destined to become the world's largest air network, Sky Team. 'It's a choice that will allow all Mengozzi said' Alitalia to maintain its leadership position in the industry. Without this alliance has added the future of our company would remain limited to 'national level. This agreement will allow us instead to offer passengers rates affordable and quality service. " For its part JeanCyril Spinetta, chairman of Air France, said that "the benefits accruing from 'business alliance between Alitalia and Air France, in the' sphere of Sky Team, will be divided equally between the two companies, as set out the agreements. The two companies are complementary and the Italian market, the fourth in Europe, is in many ways similar to the French. " Satisfaction was also expressed by the governments concerned. "The ministers 's Economy and Transport, Italian and French says a joint statement welcoming the' Agreement between Alitalia and Air France and congratulate the management of both companies, for example how they have created the dialog finalizzato all' accordo, nel mutuo interese dei due vettori».
0 comments:
Post a Comment