Because Alitalia will ask for contributions from the EU Commission
What the current Alitalia leaders said in Parliament about cash, health, prospects and requests for new contributions from the EU
HOW IS ALITALIA ACCORDING TO THE COMMISSIONER
“Alitalia is still a problem on the table. It is far from a solved problem, it is a problem that Covid has not facilitated in finding a solution, but Alitalia is a big problem that affects 11 thousand families, the economy of a territory, the development of the main hub of our country and the mobility of the country, so I believe that it is a responsibility of all of us, each for his own part, to do what we can to achieve and push for this newco solution ”. The extraordinary commissioner of Alitalia Giuseppe Leogrande said this during a hearing in the Chamber. "I allow myself – he added – to actively urge why it is necessary that this transfer process to the newco accelerate as much as possible and be completed in the shortest possible time".
THE CASSA DI ALITALIA
Alitalia had “260 million” in cash as at 30 September, including the 199 million euro grant granted by the EU, Leogrande also pointed out.
WHAT THE GENERAL MANAGER ZENI SAID
The poor state of health of Alitalia? "This situation is the synthesis of this economic shock that has destroyed all airlines, it can be seen in the dynamics of revenues: we have had a reduction of 2.2 billion euros in these 9 months – explained the general manager of Alitalia Giancarlo. Zeni at the hearing in the Transport and Productive Activities committees of the Chamber – This led to a backlog of cash of 285 million thanks to the system of interventions, partially recovered with the credit in September of the "EU" compensation.
THE NEW CONTRIBUTIONS THAT WILL BE ASKED BY ALITALIA
The contribution of 199 million for Covid damages received by Alitalia from the EU "concerns the period 1 March-15 July 2020 and the commission's provision provides for the possibility of presenting new applications, again with reference to 2020, an application that we presented on Monday to the Ministry of Economic Development and here too I urge a prompt activation of the notification procedure to the Commission ", so as to be able to" also obtain this second part of the contribution, pending the development of the newco operation ", said the commissioner extraordinary of Alitalia Giuseppe Leogrande at the hearing of the joint commissions for Transport and Productive Activities of the Chamber.
The contribution of 199 million received from the EU "was obtained after a rather long and complex process in front of the EU, which was dragged a little too long and led to some financial tension in the management of the company, which we had to deal between August and September, until the disbursement of the contribution, ”said Leogrande.
ALL ABOUT ALITALIA'S NEWCO (BETWEEN BLUFF, FUFFA AND COMEDIA)
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/perche-alitalia-chiedera-contributi-alla-commissione-ue/ on Wed, 07 Oct 2020 13:50:04 +0000.