June 14, 2019 / 6:09 PM / a month ago

Italy's industry minister extends deadline for Alitalia rescue to July 15

FILE PHOTO: Italian Deputy Prime Minister and 5-Star Movement leader Luigi Di Maio leaves after casting his vote in the European election in Pomigliano d'Arco, Italy May 26, 2019. REUTERS/Ciro de Luca/File Photo

MILANO (Reuters) - Italy’s Industry Minister Luigi Di Maio has postponed for the fourth time a deadline for Ferrovie dello Stato to present a binding rescue bid for troubled airline Alitalia.

The extension to July 15 is aimed at giving the state-owned railway company more time to finalise a consortium of partners willingly to invest in the carrier, the ministry said.

Ferrovie has been in talks for a month with U.S. carrier Delta over Alitalia and this week Lazio soccer club Chairman Claudio Lotito presented an expression of interest for the airline.

Reporting by Giuseppe Fonte; writing by Francesca Landini; editing by Alexander Smith

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