Italy's Di Maio sees no risk of failure for Alitalia package
Italian deputy prime minister Luigi Di Maio said he sees no risk of failure for talks with EasyJet and Delta Air Lines to relaunch struggling airline Alitalia. “I am very confident because of what I have seen up to now,” Di Maio said. He said the Italian Treasury should take a stake of no more than 15% in the new company, calling the package “a relaunch" not a rescue. “This is a market operation in which Ferrovie dello Stato is drawing up an industrial plan with EasyJet and Delta Air Lines,” Di Maio said, referring to the state rail operator. "So it will be their industrial plan which decides which players are involved." Finance minister Giovanni Tria has said the Treasury will only consider taking a stake in Alitalia if talks between potential investors produce a strong business plan. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-03-01/sky/italys-di-maio-sees-no-risk-of-failure-for-alitalia-package
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Italy's Di Maio sees no risk of failure for Alitalia package
Italian deputy prime minister Luigi Di Maio said he sees no risk of failure for talks with EasyJet and Delta Air Lines to relaunch struggling airline Alitalia. “I am very confident because of what I have seen up to now,” Di Maio said. He said the Italian Treasury should take a stake of no more than 15% in the new company, calling the package “a relaunch" not a rescue. “This is a market operation in which Ferrovie dello Stato is drawing up an industrial plan with EasyJet and Delta Air Lines,” Di Maio said, referring to the state rail operator. "So it will be their industrial plan which decides which players are involved." Finance minister Giovanni Tria has said the Treasury will only consider taking a stake in Alitalia if talks between potential investors produce a strong business plan. <br/>