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18:57 - mercoledì

Italy, Myair would have paid insurance premium with checks without funds

Vicenza, Italy - To Ascom Finance, company that guarantees the carrier's debts

(WAPA) - Problems for the Italian airline Myair seem to never reach an end. According to what is reported today by the "Il Giornale di Vicenza" newspaper, in fact, it seems that the carrier would have paid the € 1 million insurance premium to Ascom Finance, company that offered a security deposit of € 12 million to guarantee the airline's tax debts, with four checks without funds.

Ascom, even if it retired the checks without opening the protest procedure, would anyway have started actions to protect its credit. Myair itself would have asked the cancellation of the insurance, but Vicenza's tax authorities, always according to "Il Giornale di Vicenza", would have asked Ascom Finance to maintain them, as the other guarantees presented by the carrier would not be sufficient.

For its economic and financial problems, besides the discomforts caused to hundreds of passengers with flghts' delays and cancellations, Myair is Italian ENAC's special observed. Earlier this month the authority had revoked its license, replacing it with a temporary one expiring on October 31. The managers of the airline have been summoned for tomorrow at the Italian civil aviation authority's headquarters in Rome.

For further information on Myair's recent problems, also see AVIONEWS 1, 2, and 3. (Avionews)
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(World Aeronautical Press Agency - 15-Lug-2009 18:57)