Ryanair makes non-binding offer for Alitalia
Ryanair has made a ‘non-binding offer’ for struggling Italian carrier Alitalia.
But chief executive Michael O’Leary said the offer was subject to a ‘significant restructuring’ and ‘an absence of Italian government interference’.
Back in May, Alitalia filed to be put under special administration for the second time in under 10 years and the Italian Government agreed to provide a bridging loan to keep the airline operating for around another six months.
Reuters said it had received about 10 non-binding offers by the deadline last Friday.
Alitalia is 49%-owned by Etihad.
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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