easyjet lufthansa among seven to bid
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

For Alitalia

EasyJet, Lufthansa among seven to bid

Egypt Today, egypt today

Egypt Today, egypt today EasyJet, Lufthansa among seven to bid

EasyJet and Lufthansa say they are only interested
Rome - AFP

British budget airline easyJet and German carrier Lufthansa both said Monday they have submitted offers for parts of Italy's ailing Alitalia.

The stricken carrier said that it had received seven binding offers in all, without providing details.

The easyJet and Lufthansa proposals will spark disappointment in Italy, which wants to sell Alitalia in one package to avoid mass job losses.

The Lufthansa Group said it was after "only parts" of the global traffic network as well as European and domestic point-to-point business of the national carrier, which it would use to establish a "NewAlitalia".

EasyJet said it too was interested "in certain assets of a restructured Alitalia", without providing details.

The budget airline said there was no certainty that any transaction would proceed.​

The struggling Italian carrier received a boost Friday when Rome said it would add 300 million euros ($355 million) to a bridging loan package.

As the deadline for making binding offers expired Monday evening, the company said it had received "seven envelopes" with offers and "the Special Commissioners of Alitalia will now begin evaluating the envelopes".

The Lufthansa and easyJet interest left trade unions cold.

"Today was supposed to be a decisive day for Alitalia's future," the UGL union's secretary Paolo Capone said.

"However as one could expect, in a market of sharks, the offers made are underbids which will have a negative impact on the future employment of its workers," he added.

Alitalia, struggling to compete with low-cost rivals, went into administration at the start of May after staff rejected job and salary cuts as part of a two-billion-euro rescue plan.

In May, Rome said it would provide a 600-million-euro loan to keep the carrier's planes in the air for around six months, staving off liquidation of the flagship airline.

Irish no-frills carrier Ryanair expressed early interest but two weeks ago said it was dropping the idea as it struggles with the fallout from thousands of cancellations of its own flights owing to a pilots' shortage.

 Source: AFP

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

easyjet lufthansa among seven to bid easyjet lufthansa among seven to bid



GMT 09:43 2019 Monday ,19 August

Live a calm atmosphere in your career

GMT 19:20 2012 Tuesday ,13 November

Angela Flanders launches Aqua Alba fragrance

GMT 12:53 2014 Saturday ,18 October

Harrods launches Salon de Parfums

GMT 21:21 2018 Thursday ,13 December

US begins crackdown on Iran sanctions violations

GMT 04:03 2013 Friday ,14 June

IBM\'s layoffs exceed 1600

GMT 10:16 2013 Monday ,18 March

ST-Ericsson to cut up to 1600 jobs worldwide

GMT 08:03 2012 Friday ,28 December

French shipyard given luxury liner contract

GMT 15:00 2016 Wednesday ,02 March

Leonardo DiCaprio nabs Oscar gold, 22 years on

GMT 11:45 2017 Wednesday ,26 April

Deputy PM receives education seminar participants

GMT 08:11 2012 Monday ,09 January

Olympus sues current and past executives

GMT 05:24 2017 Saturday ,28 January

South Sudan aims to increase oil output

GMT 11:42 2018 Thursday ,08 November

8 Yemenis killed in random Houthi shelling

GMT 05:46 2014 Wednesday ,19 February

World\'s oldest man reportedly living in India at 117

GMT 14:51 2018 Tuesday ,09 October

Top Egyptian terrorist nabbed in Libya

GMT 14:35 2014 Wednesday ,19 March

DM focuses on quality construction materials

GMT 07:52 2014 Monday ,24 February

Boart Longyear posts full-year net loss of $620m

GMT 11:01 2013 Thursday ,28 March

Honda sets up motorcycle unit in Kenya

GMT 05:40 2012 Sunday ,18 March

Egypt: Pope Shenouda III, aged 89, has died
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday