800 million euro to be received by Alitalia

In an extremely important move, Alitalia has made arrangements to receive a cash injection of dire need, which is worth a total of about €800 million. The Corriere della Sera, an Italian newspaper, received information stating that many Italian entrepreneurs have agreed to make an investment into the airline worth hundreds of millions in order to keep Alitalia from needing to file for bankruptcy.

Alitalia has drifted into an extremely troubled state as they continue to generate more than a 943 thousand euro loss every day, not including the serious debt they suffer. Silvio Berlusconi made a promise a while back that he would go down the list of businesses that are based in Italy and the individuals of wealth to buy Alitalia from the present state it in so that the airline will stay in Italy’s hands without having to file for bankruptcy.

A move like this, however, will constantly involve that there be a certain price for the airline to pay, and Alitalia will be made to make some dramatic and painful decisions in order to make the airline profitable again. Media Sources say that Alitalia may have to cut over five thousand jobs during the upcoming months. Corrado Passera, a representative of an Italian bank who is involved in the privatization of Alitali, didn’t reject the figures outright. He did, however, observe that this idea was premature, and at the moment, is subject to mere speculation. During August is when the detailed, official rescue plan for Alitalia is anticipated to be released.

Go to www.alitalia.com to learn more or make a booking with Alitalia.