Adverts looking for Alitalia buyer appear in FT
Administrators for Alitalia have placed advertisements in the Financial Times and in three Italian newspapers to find a buyer to rescue the debt-ridden airline.
The company, Augusto Fantozzi, appealed to potential buyers, who might be able to guarantee the medium-term continuity of the airline, to apply by September 30.
The move comes after six out of the nine unions representing the airline’s workforce opposed a bid by Italian consortium CAI, objecting to plans to cut 3,000 jobs.
Italy’s civil aviation authority ENAC has warned it will withdraw Alitalia’s operating licence this week if it does not present it with a cost-saving strategy.
By Bev Fearis
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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