14-Nov-2013 10:11 AM

Alitalia approves new restructuring plan, postpones capital raising deadline to 27-Nov-2013

Alitalia's board of directors approved (13-Nov-2013) a new restructuring plan for the carrier, which calls for a reduction in the size of its medium-haul fleet and an increase on long-haul services. The board also postponed the deadline for subscriptions to the company's EUR300 million capital raising project to 27-Nov-2013, to enable investors more time to digest the new restructuring plan. [more - original PR] [more - original PR - Italian]