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Hi to all,

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

AIR LITTORAL, last coup de teatre for Air Littoral. It returns in fact in=
=20
track for its acquisition Seven Group, with 11 million euro demands. The=20
fund, that  controls Azzurra Air, is successful to find the money just wh=
en=20
the court of Montpellier had to decide what to make of the French carrier=
=20
after the lacked arrival the purchase proposal of the Ionis group,=20
iintentionated to replace itself to Seven Group. The fund guided from the=
=20
Italian Mario Palmonella in fact has been represented to the Court,=20
asserting of having the necessary money. The court has suspended every=20
decision in matter in order to assess above all if it were true, after th=
e=20
bad check that had introduced it the past week Seven Group .

ALITALIA maintain the route Cagliari-Rome under the territorial continuit=
y=20
until Jan. 15th.. 2004.

AZZURRA AIR, the whole Avro's fleet now is in storage at Exeter.

BABOO AIRWAYS intends soon in the first months of 2004 to add Florence as=
=20
new destination.

LIVINGSTON AVIATION GROUP, christened Playa Maroma, the first A330/200's=20
accepted on Dec. 19th. 2003. This is the most modern and comfortable plan=
e=20
available in the market and will rich the Ventaglio Group fleet. 272 seat=
s,=20
24 in business with a 140 cm pitch and 248 in ecomody with 85 cm pitch.=20
Caribbean, Indian Ocean and Far East are the market where this plane will=
 fly.
In the fiscal year 2002/3 161 million Euro is the turn around, 60 outside=
=20
the group. 70% more is the growth registered comparing the previous perio=
d.
Livingston Aviation Group S.p.A., formed in March 2003 now control two=20
airlines, Lauda Air Italy and Livingston Energy Flight.
Apart the 161 million Euro turn around registered, the group reports also=
=20
8,5 million Euro as EBITDAR.
21.748 are the flying hours and 631.598 passengers carried, 33% more for=20
the first value and 70% for the second.
During 2001/2 Ventaglio Group has awarded the 60% of the turn around to=20
Livingston Aviation Group  40% divided to other tour operators, ticket so=
ld=20
via the Ventaglio Call Center or via normals GDS's.
Livingston S.p.A., founded in January of this year as new brand carrier o=
f=20
the group has produced 29 million Euro with an  EBITDA, positive for 0,4=20
million Euro. Passenger carried from Livingston S.p.A, with a fleet=20
composed from 3 Airbus 321-200 was 245.421, 4.361 thew flying hours opera=
ted..
Second and third A330's are expected in delivered in May and July 2004.

MERIDIANA has leased four A319's, to replace both BAe146/200 fleet. First=
=20
in painting in Koln will be delivered soon in March and is an ex Khalifa=20
plane, three are ex SN Brussels.

That's all for today,
Merry Christmas,
Best Regards,
Marco FINELLI


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