Delta and Air France-KLM enter the race for ITA Airways

Expression of interest by the group was delivered to the government of Italy, intensifying competition with Lufthansa and MSC

The sale of part of ITA Airways gained more interested parties, among them a group formed by Air France-KLM and Delta Air Lines. According to the newspaper La Repubblica, the airlines have submitted an expression of interest to the Italian government, in which they are seeking to take control of the new carrier.

Also according to the source of the Italian newspaper, an international fund focused on low-cost airlines also presented a letter of interest for ITA.

In January, Lufthansa and the maritime operator MSC made official a proposal to take over 40% of ITA Airways, considered strategic for the plans of both companies.

Air France, KLM and Delta are partners with the new carrier, as well as with Alitalia, its predecessor. ITA Airways is also part of the Skyteam alliance, linked to the group.

Delta Air Lines A350-900 (formulanone)

The current scenario is very different from what happened before the creation of ITA Airways when the Italian government tried to transfer Alitalia, but negotiations with several interested parties failed. Among the reasons was the burden of possible debt and inherited problems with suppliers and employees.

To make a new flagship airline viable, the Italian government took over Alitalia and created conditions for the creation of ITA independently, but taking over part of its routes and planes.


Popular posts

Previous Post

Embraer plans to deliver up to 70 commercial aircraft in 2022

Next Post

Pakistan Air Force takes delivery of the first Chinese J-10C fighter jets

Related Posts