Lufthansa said Thursday it had
intention of buying Alitalia, the Italian airline facing
liquidation after workers rejected a business plan featuring
redundancies and wage cuts aimed at turning it around. "We have
a clear intention of not acquiring Alitalia," said Lufthansa's
financial director, Ulrik Svensson. Lufthansa had been one of
the options aired after Premier Paolo Gentiloni rejected the
idea of nationalising the chronically loss-making carrier and
the government said they would seek a 300-400-million-euro
bridging loan, with the EU's permission, to keep the airline
flying while it looks for possible new investors.
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