Hi to all, further news from Italy in this issue: AIR DOLOMITI expect the delivery in 2002 of further two airliners from 20 to 22 airliners in fleet. Before 2004 are expected further 5 new aircrafts. The previously business plan has forecasted a fleet of 21 aircrafts in 2004. The new business strategy will be focalized to the increase of the market presence. The fast expansion of the network wille be with the addition of new point to point flights to the major european capitols, the increase of the presence in Munich and the opening of new flights to Frankfurt, and an again important role in Star Alliance. AIR VALLEE add the third Do328JET with a special Casino de la Vallee livery. The new timetable with new flights from Bologna to Bari/Brindisi/Geneve/Nice/Crotone/Rome FCO, Rome FCO-Crotone/Reggio Calabria to be postoponed on Jan. 21st. 2002. Has updated with a new image its web site at: http://www.airvallee.com ALBANIAN AIRLINES has leased a Tu154M, today in service on the route Bologna-Tirama to cover the Christmas period demand between Albania to Italy (Bologna). The aircraft is in Balkan basic c/s and Hemus Air titles. ALITALIA has choose Lazard as advisor for the issue of bonds to improve the stake capital for the new fleet renewal especially for the soon coming aircraft as B777, the first exrimated in delivery in April 2002. Lazard has winned other interested merchant bankings as Imi, Credit Suisse, Merril Linch. Lazar has to study the problematics connected to the use of the financial markets, the possibility extimated before the end of the first half 2002. The chairman Mengozzi has studied to issue bonds for 1,2-1,4 billions of Euro necessary to improve the capital of Alitalia without to have problems with the Transport european commission. BLUE PANORAMA AIRLINES is the new lunch start up partner of Afriqiyah Airways the new Lybian flag carrier. Two B737/400 was wet leased to the new carrier at the moment for this winter season and the new carrier will fly from Tripoli to Benghazi (Libia), Khartoum (Sudan), Niamey (Nigeria), Accra (Ghana), Bamako (Mali), Ndjamena (Chad), Bangui (Repubblica of Centrafrica), Ouagadougou (Burkina Faso). Yesterday the airline has converted its stake capital from ITL to Euro. DAT with effect April 6th. 2002 increase from three to four daily flights on the route Florence-Bruxelles. FREE AIRWAYS a sister company of Air Sicilia has its new web site partially under construction at http://www.freeairways.it GANDALF AIRLINES has informed with a press release that in a meeeting with various financial analysts at the end of 2004 are forecasted a year financial invoice of 200 billions of ITL and 700.000 passengers carried. In 2001 the airline plans to report a consolidated year invoice of 100 billions of ITL and 300.000 passengers carried. M.E.A. will resume regular flights from Beirut to Milan Mxp with effect January 2002. MERIDIANA has planned a meeting of the board of directors on Dec. 19th. 2001. With effect Jan. 4th. 2002 drop the route Paris CDG-Florence due to the poor load factor registered on the route recently after the Sept. 11th. event and the codeshare agreement signed between Air France and Alitalia, on this route are in service six daily rotations. PANAIR - COMPAGNIA AEREA MEDITERRANEA has start on Dec 14th. 2001 four daily rotation on each leg on the route Palermo-Rome FCO with B737/300. Reservations must to be made at 800188470 in Italy. VOLARE GROUP has recently renowed its commercial division with the addition of new managers as: Lorenzo LORENTI, 54 years, director of VOLARE AIRLINES in Sardinia, previously ground operations director in Alpi Eagles, director in Sardinia for Alisarda, regional director for South Italy in Itavia. Maurizio DEL SANTORO 40 years, is the new marketing manager of the group with previously manager experiences for 14 years in the same market in Austrian Airlines and 2 years for Alitalia. Umberto SOLIMENO, 38 years is the new manager area director in Italy central-south, previously in KLM for 9 years as representative for South Italy , Passengers division manager, Central-South Italy area manager. General manager in Italy for Air Littoral. Paola DE ANGELIS, 44 years, sales manager for Rome and Lazio, previously in Italair as commercial division manager, and for various tour operators. All the best from Italy, Marco