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Report on operations

2015/347. In this Decision, the European Commission recommended improvement
actions that some European states, including Italy, had to adopt for the purpose of
rendering their plans totally in accordance with EU objectives. Following receipt of
such recommendations the interested states have to submit a revision of their plans
within four months. Well within regulation schedule and with the primary objective
of protecting its own business and financial stability, ENAV formulated a new
economic plan which, once merged with the new Performance Plan, was submitted
to the Commission in July 2015.
Following the submission of the new Performance Plan, the European Commission
expressed its favourable opinion in relation to the economic efficiency objective
through the Performance Review Body (PRB). Indeed, the PRB produced the revised
Performance Plan which was published in October 2015. The document specifies
that Italy revised its economic efficiency objectives for the second reference period
in a way that is coherent with the assessment criteria and that Italy responded in
a satisfactory manner to the requests made by the European Commission in the
aforementioned Decision No. 2015/347. Following such assessment, during the last
Single Sky Committee meeting held in February 2016, the Commission expressed its
definitive positive opinion on the economic performance submitted by Italy.

24 ENAV - Annual financial report 2015