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Alitalia to favour bids for whole company

The Italian govt is hoping to avoid the break-up of Alitalia by insisting it will give preference to bids for the entire company at the launch of the final stage of its sale out of bankruptcy. Tuesday, the state-appointed commissioners running the airline since it collapsed into administration in May set out the key conditions for tabling bids in the upcoming public tender. They specify offers for all of Alitalia, or separate bids for the airline operations, which includes maintenance, and for the group’s airport ground handling activities. Such conditions are designed to prevent would-be buyers trying to carve off lucrative routes or valuable assets, such as key buildings owned by Alitalia, from participating. The conditions state that if 2 offers are equal, preference will be given to the one for the whole airline. <br/>