Alitalia to renew fleet with B787s, A320s, A220s - report

New gov’t, new Alitalia plan, involving Lufthansa - report

Assessing the possible solutions to keep Alitalia (AZ, Rome Fiumicino) afloat, Italy’s new government led by economist Mario Draghi is considering taking control of the bankrupt flag carrier as part of a plan that would include a capital raise from Lufthansa (LH, Frankfurt Int'l), the newspaper La Repubblica has reported.

“Alitalia is moving towards a sale of its assets first to the state and then to Lufthansa,” the report claimed.

Previous efforts to find partners for the administrator-led airline, which filed for bankruptcy in 2017, included Lufthansa, but these came to nothing. Rome re-nationalised Alitalia in May.

Another newspaper, La Stampa, reported last week that Giuseppe Leogrande, Alitalia’s chief commissioner, had asked the government for a further EUR150 million euros (USD181 million) to pay salaries for February and keep the airline going.

According to La Repubblica, the operation that the new government is reportedly considering would take place in three stages: first to place Alitalia under the control of its low-cost subsidiary Alitalia CityLiner (CT, Rome Fiumicino), then for Italy’s...

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