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ITA Airways (2): the challenge is between two pacts

Parties will submit takeover bids by Monday

There will be two international cordates vying for the takeover of Italy's flag carrier ITA Airways: the US-based Certares fund in partnership with the airlines Air France and Delta Air Lines on the one hand; the Italo-German axis between the shipping company Msc and the air carrier Lufthansa on the other hand. According to the Economy Ministry's forecasts, the purchase proposals will be "conditional"...

Gic - 1244593

AVIONEWS - World Aeronautical Press Agency
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