Home » Alitalia, EU green light to refreshments for 24.7 million

Alitalia, EU green light to refreshments for 24.7 million

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“The EU Commission has approved an aid of 24.7 million euros allocated by Italy to compensate Alitalia for the further damage suffered due to the coronavirus pandemic”. Thus the EU Antitrust in a note. “The measure approved today allows Italy to further compensate the direct damage suffered by Alitalia between November and December 2020 due to the restrictions” of the coronavirus, said the commissioner for competition, Margrethe Vestager. For the EU, the measure is proportionate, and after analyzing the damage route by route, it found that “the compensation does not go beyond what is strictly necessary” to compensate them. The Italian refreshment decree provided for aid of 55 million euros.

Ministers: a solid and independent newco

Creation of «a solid, sustainable and independent carrier» that can start operating as soon as possible «in the sign of discontinuity». This is the objective reaffirmed in today’s videoconference interview on the Alitalia issue between the Vice President of the European Commission and Commissioner for Competition Margrethe Vestager and the Ministers of Economy and Finance, Daniele Franco, of Economic Development, Giancarlo Giorgetti and of infrastructures and mobility. sustainable, Enrico Giovannini. The Ministers and the Commissioner agreed to “update in the coming days” in the light of further technical insights.

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Positive dialogue with the EU but a distant solution

The intensification of discussions on the Alitalia dossier between the EU Commission and the new government is positive, because it shows everyone’s willingness to find solutions, but the path is long and there is still a lot to do before reaching a solution that guarantees a real economic discontinuity for the newco Ita. This was reported to Brussels by sources close to the dossier. The transfer of assets through a public tender is not an essential condition in itself to demonstrate discontinuity but, the sources explain, without a tender, elements are needed to demonstrate that Ita is a completely new and independent company.

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