Transportation Industry

Company Watch - Alitalia

AirGuide Business, Oct 13, 2008

Oct 13, 2008

Italian investor consortium Compagnia Aerea Italiana (CAI) has extended the deadline on its conditional offer to relaunch Alitalia until the end of the month. CAI, which re-submitted its offer late last month after securing union framework support for its relaunch plans, had originally given a deadline of 15 October. It has now extended this until the end of the month. A CAI spokesman explains: "It gives time for CAI to complete due diligence work." Oct 9, 2008

German and Italian leaders backed a potential agreement on Monday between Alitalia and Lufthansa on the German airline taking a minority stake in the Italian carrier. Oct 6, 2008

British Airways is considering cooperation with Alitalia, chief executive Willie Walsh told German newspaper Frankfurter Allgemeine Zeitung. Oct 9, 2008

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