Alitalia could reportedly separate operating units from liabilities

Alitalia had a net debt of EUR1.358 billion at the end of Apr-08. 
 
The flight and ground services could reportedly be spun off into a newly created company that could then link up with the Italian airline, Air One.
 
When the tie-up is completed, the new company could launch, after the summer, with a capital increase of at least EUR1 billion euros.
 
The new Alitalia group could also seek a commercial alliance with an international carrier.
 
The group could also sell some assets such as the aircraft maintenance unit Atitech, it said.

Date posted: 23-Jun-08
 

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