Italy's industry ministry open to any discussions on Alitalia, including with Atlantia

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Italy's industry ministry is open to discussions with any investor interest...

MILAN - Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of the matter said on Friday.

So far Ferrovie has secured the commitment of Delta Air Lines but it is struggling to find another partner who is willing to invest more than 300 million euros in Alitalia, which has a long history of financial woes. 5-Star head Luigi Di Maio, who is also Italy’s industry minister, have blamed Atlantia for poor maintenance of the motorway network, adding the government would revoke the group’s motorway concession. Atlantia has always denied wrongdoing.

 

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If Berlusconi had made Genitalia out of Alitalia, this company would now be making profits.

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