Domenica, 21 Ottobre 2018

Air France vying with Lufthansa for Alitalia (2)


Rome, January 12 - Air France and the Cerberus Fund
have said they will vie with Lufthansa for Italy's ailing former
national carrier Alitalia.
Air-France-KLM said it was ready to put in a rival bid for
the troubled Italian airline, alongside EasyJet.
Meanwhile Alitalia's commissioners are set to meet
representatives of the US Cerberus investment fund in New York
Lufthansa said earlier this week it would only consider
taking over Alitalia if "major" restructuring including job and
route cuts were made.
Lufthansa CEO Carsten Spohr sent a letter to Italian Industry
Minister Carlo Calenda telling him that the German airline would
only be willing to acquire Alitalia after major restructuring.
"While recognising the valuable measures that have been
undertaken to date... we strongly believe that there remains a
considerable amount of work to be achieved before Lufthansa
would be in the position to enter comprehensively into the next
phase of the process," Spohr said in the letter.
Under Lufthansa control the company would be smaller in terms
of both staff and fleet, it said.
Alitalia was put into extraordinary administration last year
after workers voted against a restructuring plan.
Calenda has said the government is considering three offers
for the former flag carrier.
Also Thursday, the European Commission said it was eyeing a
600 million bridge loan the Italian government gave Alitalia in
April 2017, later boosted by 300 million more, after complaints
from major rivals that it broke market regulations against state
Brussels is reportedly in contact with Italian authorities
over the 900-euro loan.
The EC is awaiting notification from the Italian government
so it can start assessing the case, they said.

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