ROMA – The Ministry of Economy has decided to ask Ita Airways to reopen its data room. The public airline, in this way, will be able to provide all additional information claiming the two consortiums interested in its purchase.
The first consortium ranks the MSC Group of the Aponte family, which runs with Lufthansa; the second is the Certares fund, escorted by Air France and Delta.
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The data room – which holds confidential documents on a company for sale – has already been open 20 days, from 3 to 23 May. But both consortiums declared themselves “not satisfied” with the information they received.
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Moreover, the consortiums no longer consider some of the cost hypotheses that Ita Airways presents in its Industrial Development Plan of January 31, 2022 to be current. fuel priceshave since risen due to the war in Ukraine. And even the expenses for future aircraft replacements would now be unrealistic.
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