Let's summarize the facts:
a) the company is bleeding cash at an alarming rate ( ~1 mio € per day in the past 2 months )
b) bookings ( = trust from customers ) are down 40%
c) corporate customers are increasingly reluctant to pay for the tickets in advance
d) private customers fear that they pay for something and will never see delivery
d) creditors ( banks, leasing companies, suppliers are getting nervous)
Currently the estimate is, that they are loosing closer to 2 Mio € per day.
Do customers and creditors trust the little clown Berlusconi or is somebody pulling the plug any day now and puts AZ on advance payment? This would trigger a chain reaction as it did with Swissair/Sabena and force AZ into bankruptcy.
Ok, the unions threaten that they will shut down all airports in Italy, so what ? Will we again see crews using their private credit cards to pay for fuel?
The little clown Berlusconi cited recently some possible Italian investors. He was daydreaming, as they all rushed to declare their non interest / non willingness. Unless little Silvio comes up with a major fraudulent solution ( which he is determined to do to save his "renovated" face ) AZ is toast.
Frank