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7/15, 8:53 PM (Source: TeleTrader)
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Atlantia joins consortium in Alitalia bailout

Italy's flagship airline, which has been in bankruptcy for more than two years, is planned to be bailed out by a consortium led by government-run railways operator Ferrovie dello Stato (FS), which selected highway concessionaire Atlantia SpA​. The news was announced on Monday by Deputy Prime Minister and Minister of the Interior Matteo Salvini, who leads the Northern League, the junior partner in the ruling coalition with the Five Star Movement.

The issue of the rescue of Alitalia - Societa Aerea Italiana is separate from the planned revocation of the concession for the national motorways, he claimed. Atlantia came under fire after a bridge fell in Genoa a year ago and 43 people died.

The consortium includes Delta Air Lines Inc.

Breaking the News / IT