Italian national carrier Alitalia will learn this month if it has passed a key test in its rescue plan when the two banks that are due to back a vital €1.2 billion ($1.4 billion) capital increase meet Treasury officials. Deutsche Bank and Banca Intesa are lined up as global co-ordinators for a €1.2 billion share issue by Alitalia, which will see the Italian state reduce its stake in its national carrier.
Source: Flight International