July 20, 2018 / 8:59 AM / a month ago

Lufthansa still interested in restructured Alitalia

BERLIN (Reuters) - Lufthansa (LHAG.DE) remains interested in a restructured Alitalia [CAITLA.UL] and its position has not changed after Italy said this week it wanted a majority stake in the airline under government control.

FILE PHOTO: Flags with the German airline Lufthansa sign flutter next to the office building in Frankfurt, Germany March 15, 2018. REUTERS/Ralph Orlowski/File Photo

Lufthansa has repeatedly said that the Italian market is important for it but that loss-making Alitalia must first be restructured before it would invest.

A spokesman said Lufthansa had already submitted a document to this effect to the government. “We can imagine further talks on this basis,” he said on Friday.

Italy’s new transport minister, Danilo Toninelli, said earlier this week there was a need for 51 percent of Alitalia to be kept in Italian hands.

Reporting by Victoria Bryan; Editing by Caroline Copley

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