Three Parties Bid for Alitalia but Sale Deadline Pushed Back | Aviation International News

Three Parties Bid for Alitalia but Sale Deadline Pushed Back

New wave of layoffs to start in May

By Cathy Buyck • Contributor - Europe

April 12, 2018

Bankrupt Alitalia on April 10 said it received takeover bids from three parties, adding that its commissioners will now examine the offers “over the next days.” It did not disclose who submitted an offer, but several key EU airlines including UK low-cost carrier easyJet, Lufthansa, Air France-KLM, and Wizz Air reportedly tabled interest in buying the whole or part of the group. Delta Air Lines has also expressed interest in Alitalia, a stake that would add to its expanding European portfolio that already includes 10 percent of Air France-KLM and 49 percent of Virgin Atlantic.

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