2/14, 12:05 AM (Source: TeleTrader)
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Delta, EasyJet in talks with Italy to relaunch Alitalia

Delta Air Lines and EasyJet are in talks with Italian state railway company Ferrovie dello Stato to become partners in relaunching the Alitalia carrier, the Italian company confirmed.

EasyJet, however, warned that there was "no certainty" that a deal to buy a stake in the troubled airline would be made. The two companies have to convince the Italian government they are the best partners for Alitalia which has struggled with financial loses and low-cost rival airlines and declared bankruptcy two years ago.

Italian Prime Minister Giuseppe Conte's office said in a statement that the government is ready to participate in establishing a New Alitalia as long as its new business plan is sustainable and in line with European rules.

Breaking the News / KP