Atlantia cannot get involved in such a complex matter as the rescue of Alitalia, the infrastructure group CE Giovanni Castellucci said Thursday. “Our position has not change,” he said. When asked whether his comments meant the “no” to any involvement in the rescue of Alitalia was final, Castellucci said he could not add anything. Sources said Atlantia could decide to start formal talks with the government over the possibility of contributing to the rescue of the airlines in the hope of mending its relation with the ruling coalition after the deadly collapse in August of a bridge it operated.<br/>
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Vietnam Airlines shares will commence trading on the Ho Chi Minh City stock exchange from Tuesday 7 May. The airline will list 1.4b shares on the exchange at VND40,600 ($1.74) per share, the company said. The Ho Chi Minh City listing follows the 23 April cessation of trading in Vietnam Airlines shares on Hanoi’s Unlisted Public Company market, where they have been listed since 3 January 2017. The company notes that since the Hanoi listing, company shares have appreciated 50%, giving it a market capitalisation of about $2.5b. Vietnam Airlines recently announced that consolidated revenue for the first quarter of 2019 was VND26t, up from VND25.5t a year earlier. In addition, it recorded a consolidated profit before tax VND1.5t, which amounts to 45% of its annual target.<br/>