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Aircraft. ITA Airways received an Expression of Interest

From MSC and Lufthansa; BoD will examine the details

The Company announces that yesterday it has received an Expression of Interest from the MSC Group and Lufthansa to acquire the majority of ITA Airways. 

The Group has agreed with the German airline its participation in the partnership on terms to be defined during the Due Diligence. 

Both the MSC Group and Lufthansa have expressed the wish that the Italian Government maintains a minority stake in the Company. Furthermore, they have requested 90 days of exclusivity to work on this Expression of Interest. 

ITA Airways is satisfied that the work carried out in recent months to offer the best prospects to the company is starting to have the expected results, providing for a carrier recognised as viable for partners of international reputation both in passenger and cargo transport. The Board of Directors will examine the details of the Expression of Interest in an upcoming meeting. 

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AVIONEWS - World Aeronautical Press Agency
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