The board of Italy's state-owned railway operator will meet Monday afternoon to discuss an offer for the whole of Alitalia, a source close to the matter said. Any offer by railway group Ferrovie dello Stato (FS) will be subject to series of conditions, including finding an industrial partner, the source said. Once a major player in the European airline industry, Alitalia has suffered in the face of competition from high-speed trains and low-cost carriers in recent years, eroding its market share and denting its profits. A new ruling coalition, comprising the anti-establishment 5-Star Movement and the right-wing League, has said the sale would be finalised by the end of this month. Last week it said there was interest from many private investors, although it gave no names. <br/>