Sunday, July 22, 2018

Lufthansa still interested in Alitalia

BERLIN: Lufthansa remains interested in a restructured Alitalia and its position has not changed after Italy said this week it wanted a majority stake in the airline under government control.Lufthansa has repeatedly said that the Italian market is important for it but that loss-making Alitalia must first be restructured before it would invest.A spokesman said Lufthansa had already submitted a document to this effect to the government. “We can imagine further talks on this basis,” he said on Friday.Italy’s new transport minister, Danilo Toninelli, said earlier this week there was a need for 51 percent of Alitalia to be kept in Italian hands.

from The News International - Business

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