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Alitalia sale process to kick off within 15 days - minister
May 3, 2017 / 9:01 AM / 7 months ago

Alitalia sale process to kick off within 15 days - minister

ROME (Reuters) - The sale process for troubled flagship carrier Alitalia will kick off in the next 15 days, Italy’s Industry Minister said on Wednesday.

An airplane of Alitalia approaches to land at Fiumicino international airport in Rome, central Italy, May 3, 2017. REUTERS/Max Rossi

“The commissioners need to draw up a program and are expected to start looking at expressions of interest within 15 days,” Carlo Calenda said on Italian radio.

On Tuesday Alitalia filed to be put under special administration for the second time in less than a decade.

The government appointed three commissioners to see whether Alitalia can be restructured, either as a standalone company or through a partial or total sale, or else liquidated.

“I think however an alliance with another carrier is needed,” Calenda said.

Reporting by Massimiliano Di Giorgio, writing by Stephen Jewkes

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