Saturday , January 23 2021

Alitalia, tens of bids

Rome, Nov. 11 (AdnKronos) – Alitalia's current bid testing is tightening. From October 31, the day of arrival, Luigi Gubitosi's extraordinary trustees, Stefano Paleari and Enrico Lagni discuss potential customers' proposals. The work of three commissioners is rapidly approaching the closing stages because it should end, according to sources close to the file, by the end of next week by submitting reports to the Supervisory Board of the Mass. Who will, based on this report, express their opinion, preparing the decision of the boy on the subject with which to start the exclusive negotiations. There are binding bids submitted by Fs spa and Easyjet and non-binding Delta Airlines bids. Lufthansa was left out of the process that, after moving forward in April, did not present a final offer by the end of October. According to press reports, the German colossus would not consider this game to be completely closed, and after a meeting between its management and Infrastructure and Transport Undersecretary Armando Siri, it could return to assessing its return to the track. But as Adnkronos asked him in this new scenario, Lufthansa was limited to laconic "no comment". Business sources recall that the Lufthansa line was marked by executive director Carsten Spohre on October 30, presenting the results of the third trimester. "We are not ready to consider investing with the Italian state," he said. "We can imagine a partnership of commercial nature," explained the Executive Director. In recent months, Lufthansa has repeatedly expressed interest in "Restructured Alitalia". As Alitalian's commissioners are preparing for the end of the investigation, the work F in this file is no less strict. The offer presented by the "Villa Patrizi" group foresees that an industrial plan must be developed during the confirmatory depth analysis, which is an indispensable condition for the work of identifying private and institutional objects. Fs reserves the right to form a newco with the participation of a primary carrier, a condition that is the basis for moving forward with the operation. The role of the railways, which continues to emphasize that their priority "mission" to re-launch regional traffic and consolidate fast-business operations, would be the aggregators with a minority stake in the ultimate steering structure to develop all synergistic intermodal aviation authorities by removing current overlapping. One of the basic industrial elements of this operation will be to attract high speeds to the main access points of the country, more precisely the intercontinental hubs of Rome Fiumicino and Milan Malpensa. Likewise, EasyJet has set up its & # 39; palette & # 39; which reiterate interest in "Restructured Alitalia". Delta, on the other hand, has announced that she wants to continue "to explore ways of working with Alitalia and to maintain our partnership in the future". But another deadline is approaching: in just one month, next December 15, the 900m-euro loan repayment term expires. The possibility of further extension is not excluded, as a few days ago proposed by Secretary of Economic Development Dario Galli. The company, however, as the Commissioner explained, repay the loan in cash and sell the property. For company accounts, on October, he brought another breath of oxygen, with further growth in revenue from passenger traffic. Compared to October 2017, this increase was 6.7%, thanks to international and intercontinental connections. Also, revenues related to the cargo sector increased, an increase of 14% in October compared to the same month of 2017.

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