Home »Top Stories » Alitalia receives around 10 non-binding offers

  • News Desk
  • Jul 22nd, 2017
  • Comments Off on Alitalia receives around 10 non-binding offers
Italy''s Alitalia has received around 10 non-binding offers for total or partial take-over, including from UAE carrier Etihad Airways and budget airline Ryanair, Italian media reported Friday. The deadline for the loss-making company to receive non-binding offers was 6:00 pm local time (1600 GMT). Alitalia, which has struggled to compete with low-cost rivals including Ryanair, went into administration at the start of May, moving the flagship airline a step closer to liquidation as efforts continue to find a buyer.



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