October 15, 2019 / 5:06 PM / a month ago

Atlantia gives conditional green light to investment in Alitalia

MILAN, Oct 15 (Reuters) - Italian infrastructure group Atlantia said on Tuesday it was ready to take part in the rescue of flagship carrier Alitalia, provided a number of conditions were met.

The airline has been run by special administrators since May 2017 after going through two previous unsuccessful rescue attempts in 2009 and 2014.

Atlantia said it would take part in a binding offer for Alitalia if a leading airline were also willing to become a shareholder in the new company that will take control of Alitalia. It said it also wanted an industrial partner to take a significant stake in the new company. (Reporting by Francesca Landini, editing by Valentina Za)

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