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ITA Airways: new bids by July 5

Data room reopened to Msc-Lufthansa and U.S. fund Certares

The Italian Ministry of Economy and Finance (Mef) will fail to identify a buyer for the national airline ITA Airways by June 30. The deadline for closing negotiations, therefore, is slipping. On a request for further information from the two interested parties, the executive had to reopen the airline's data room on June 22. Then by July 5, the two must submit binding offers. There are two interested...

Gic - 1245311

AVIONEWS - World Aeronautical Press Agency
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