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Old 20th Sep 2004, 00:02
  #26 (permalink)  
tarjet fixated
 
Join Date: Jun 2001
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I FORD,
the 400 million euros are just to survive until february 2005 (more public money) and don't mean at all that AZ will be safe and sound with that amount (in fact it is a consequence of the new deal just signed that in itself doesn't mean things are gonna be great from now on either), AZ domestic competitors have to fight an uneven battle where they have to stay afloat without tax payers money (and some of them managed to take 11% of AZ pax this year alone despite the uneven competition) meaning that the italian market has never been fully open but still spoiled by politics connected to AZ (just look at the MXP-LIN issue) moreover a couple of AZ competitors carry about 6 million pax/year compared with AZ's 24million meaning they have 1/4 of AZ customers with 1/7 of AZ's fleet and of course 1/13 of the workforce...these are pure mathematics which by definition never lie.
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