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Airplanes. UVET officially purchased 100% of Blue Panorama Airlines

Milan, Italy - The carrier now is ready to the relaunch

The UVET Group purchased 100% of the shares of Blue Panorama Airlines SpA, the enhancement of the acquisition operation has happened last Friday, on December 15. The procedure of extraordinary administration of the Italian carrier has been started in 2014, led by Giuseppe Leogrande as extraordinary commissioner and supported by Deloitte Financial Advisory that has operated, before in the reorganization phase and then in the management of the assignment, through a competitive process at international level, began last January 2017. The carrier communicated at the end of November the starting of five new routes with China as destination and with departures and arrivals from Bologna, following to the agreement signed with the Chinese tour operator Phoenix Travel Worlwide. Satisfaction of the operation has been expressed by Luca Patané (President of UVET Group), by Giancarlo Zeni (CEO of Blue Panorama) and by Giuseppe Leogrande (extraordinary commissioner of the procedure).

fra/pec - 1209167

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