Govt set to approve new 400mn loan for Alitalia

Decree to be on the agenda of cabinet meeting - sources

(ANSA) - Rome, December 2 - A decree featuring a new 400-million-euro loan for troubled airline Alitalia should be on the agenda of a cabinet meeting later on Monday, sources said. Last week the government confirmed that plans for a consortium led by railway group Ferrovie dello Stato (FS) to take over Alitalia have run aground.
    FS said that it was unable to form a consortium to take over the former flag carrier, which has been in extraordinary administration since 2017, when a deadline for binding offers expired last month.
    It said motorway group Atlantia had pulled out and Delta Airlines was only prepared to grant a 'micro-investment' of 100 million euros.
    Alitalia has received around 900 million euros in bridge loans from the State since going into administration.
   

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