Monday , September 26 2022

Alitalia, tightens on proposals


Rome, November 11 (AdnKronos) – The timing of the examination of proposals for the purchase of Alitalia is tightening. From October 31st, the day when they arrived, the company's uncommon commissioners, Luigi Gubitosi, Stefano Paleari and Enrico Lagni are looking at potential buyer offers. And the trustee of the commissioner is approaching the final stages as it ends, according to sources close to the file, by the end of next week by sending the report to the Mise monitoring committee. Whether, on the basis of this report, who will express his opinion, will prepare for the secretariat's decision on the subject to begin with the unique negotiation. On board the commissioners, the binding offers presented by Fs spa and Easyjet and the unbiased offer by Delta Airlines. He left Lufthansa out of the procedure, which, after moving forward in April, did not submit the final bid by the end of October. According to press reports, German colossus would not consider that this game had completely expired and, following a meeting between its control and Infrastructure and Transport Under Secretary , Armando Siri, could return to assess her return to the track. However, as Adnkronos has asked for this new scenario, Lufthansa is limited to launch and unresolved. Sources of companies recall that the Lufthansa line is what is stated by CEO Carsten Spohr, on October 30th, delivering the third quarter results. "We are not willing to consider investment with the Italian state," he said. "We can imagine a partnership of a commercial nature," explained the CEO. In recent months, Lufthansa has repeatedly repeated that he was interested in "Restructured Alitalia". Although Alitalia commissioners are preparing to complete their exam, the work of the Fs on this leaflet is less stringent. The proposal presented by the Villa Patrizi group envisages that an industrial plan must be developed during a positive due diligence, which is an essential condition for the operation to identify private and organizational subjects. The Fs retains the right to be newco with the participation of a primary air carrier, a condition that is essential for moving on with the operation. The role of the Railways, which continues to repeat that mission, is the re-launch of regional transport and the combination of fast business, a joint constituent, with a minority shareholding in the final governance structure, would be to develop all interdisciplinary interconnected synergies, eliminating the current overlap. One of the basic industrial elements of this operation will be to bring high speed to the main access points to the country, which are the interactive hubs of Rome Fiumicino and Milan Malpensa. In addition, EasyJet, after that, has installed its pallette & # 39; repeating his interest in "Alitalia restructuring". On the other hand, Delta has said he wants to continue "exploring ways of working with Alitalia and sustaining our partnership in the future". But there is another closing date close to: in just over a month, next December 15, the deadline for the repayment of a bridge loan of 900 million euros is over. The possibility of further extension has not excluded, as proposed by the subordinate for Economic Development, Darío Galli a few days ago. However, the company, as explained by the commissioners, to repay the loan with cash in cash and with the sale of assets. For company accounts, October came from another oxygen, with further growth in passenger traffic revenue. Compared to October 2017, the 6.7% increase, driven by international and interactive links. The revenue related to the sector sector also increased, and attended 14% in October compared to the same month of 2017.

Source link