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ITA Airways: details on Certares's offer

New synergies with Latin American market and leisure and business travel companies

Private negotiations between the Ministry of Economy and Finance and a French-American consortium led by the US investment fund Certares (along with airlines Air France and Delta Air Lines) have begun. The latter presented the best bid for the acquisition (privatization) of the tricolor air carrier ITA Airways, beating the proposal of rival Italo-German cordate Msc-Lufthansa in terms of economics and...

Gic - 1246596

AVIONEWS - World Aeronautical Press Agency
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