Alitalia (AZA, Rome Fiumicino) is expected to be saved from financial collapse after the Italian postal service Poste Italiane has announced its willingness to invest 75 million EUR in the ailing national carrier as part of a capital increase. According to a press release by the Italian government, Poste Italiane will become Alitalia's second largest shareholder after Air France-KLM holding 10-15% of the shares. The government hopes that an additional 75 million EUR government guaranty will convince Alitalia's private investors including Air France-KLM and Italian bank Intesa San Paolo to participate in the capital increase providing another 150 million EUR in fresh capital.
Poste Italiane to save Alitalia by providing fresh capital?
Alitalia Boeing 777-200ER,
© Alitalia