Italy

Italy’s Atlantia interested in relaunch but not rescue of Alitalia

cde.news desk 6 December 2019, 17:10 · 1 min read

epa05928787 Italian airline 'Alitalia' planes are parked on the tarmac of Fiumicino's Leonardo da Vinci International airport, near Rome, 26 April 2017. Italian Prime Minister Paolo Gentiloni on 26 April was quoted as saying that he was disappointed Alitalia workers had rejected a plan to turn around the troubled airline and admitted he was worried about the company's future. 'I cannot silence the concern about what is happening to Alitalia' and 'It is necessary to be on the market to compete. I am disappointed that the opportunity of the agreement between the company and the unions was not accepted', he was quoted as saying by Italian media. EPA/TELENEWS

Italy’s Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia, the chairman of the infrastructure group said in an interview on Friday.

“The government asked to draw up an actual relaunch plan and not one to rescue Alitalia, and that is what we are interested in… With Delta not available to manage the airline it was unthinkable to launch a true industrial plan,” Fabio Cerchiai told daily Il Messaggero.

Alitalia, which has been run by administrators since May 2017 is expected to run out of money at the end of this year.

Via Reuters

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Italy’s Atlantia interested in relaunch but not rescue of Alitalia

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