INFO: ITALYNEWS

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Hi to all,

further news in this issue regarding the Italian civil aviation scene;

ALITALIA, has informed the trade unions regarding the intention to pull-o=
ut=20
definitively from the route Cagliari-Rome FCO starting Jan. 1st. 2004. No=
t=20
yet is confirmed regarding the 106 employees in service in Cagliari.

AXIS AIRWAYS operates twelve charter flights during Christmas time from=20
Paris CDG to Pescara. With effect ApriL 1st. in cooperation with=20
AirServicePlus three flights a week will be commenced on the same route.=20
BAe146/200 Y94 serves the route with starting fare at 29,99 Euro one way=20
with 10% of commissions to the travel agents.

EAST AFRICAN SAFARI AIR has introduced the new business class charatised=20
from a new atmosphere regarding the in-flight service, new chairs, new=20
meals, new entrainment with latest presented films.
To launch this new business class the airline offer an new interesting fa=
re=20
with 1499+1 Euro companion fare with limit to fly on Jan. 31st. 2994,=20
except the Christmas time period.

GANDALF AIRLINES, further two interested purchaser has advised potential=20
investing action in the airline. At he court of Parma the representatives=
=20
of Gandalf went with two persons representing Natam Pasmo Air Ltd, an=20
english holding with interests in charter airlines and tour operators;=20
FIBIT an investment bank of Miami, USA. The new investors has explained t=
he=20
intention to place a proposal but yet at the moment is know regarding the=
m.=20
The court has entitled a consultant to evaluate the financial situation o=
f=20
the carrier before to take a decision on the request of bankruptcy=20
presented in the last months.

MINERVA AIRLINES, court of Catanzaro have admitted the airline to the=20
extraordinary administration, three commissars was been entitled to guide=
=20
the carrier for the next 30 days tempting to value the possibilities to=20
restart the operations. Another group is interested to resume the flight=20
operations with base in Trieste to destinations like Milan Linate.

THOMSONFLY will add in Italy four destinations from Coventry starting Apr=
il=20
1st. serving Rome CIA and Venice, daily with Britanni B737/800's. Pisa an=
d=20
Naples to be added from May 20th. 2004 again daily. 8,99GBP is the starti=
ng=20
fares to Rome CIA, Pisa and Venice, 11,99GBP to Naples.

That's all for today,
Best Regards,
Marco

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