Edition:
United Kingdom

Ferrovie can be granted only short extension to present Alitalia bid - commissioner


Wednesday, 27 Mar 2019 

March 27 (Reuters) - Alitalia commissioners tell a parliamentary hearing::CAN ONLY GIVE SHORT EXTENSION TO FERROVIE TO PRESENT BINDING OFFER AND BUSINESS PLAN.IF FERROVIE CANNOT BACK UP POTENTIAL REQUEST FOR OFFER DEADLINE EXTENSION, BETTER IF IT WALKS AWAY TO NOT HAVE AIRLINE CONTINUE USING PUBLIC MONEY.AWARE FERROVIE IN TALKS WITH VARIOUS PARTIES ON CARRIER RESCUE BUT DOES NOT HAVE ANY PRECISE INFORMATION ON TALKS.AIRLINE IS IN BETTER SHAPE, IT IS SURELY ATTRACTIVE FOR POTENTIAL BUYERS.