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May 26, 2024
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ITA Airways is in a wait-and-see position when it comes to what the new Italian government will decide on continuing the bidding process for a partial sale of the airline. A consortium of Certares and Delta Airlines plus Air France-KLM is currently the preferred bidder to acquire a minority share. After the elections last month, the situation could be fully open again, although that’s not something that CEO Fabio Lazzerini expects. Lazzerini was talking to AirInsight and other media on the sidelines of the World Aviation Festival in Amsterdam on October 5. Future of ITA Airways is up to new Italian government.

On August 31, the Ministry of Economy and Finance said it had selected the Certares consortium as the preferred bidder ahead of the offer from Swiss shipping and logistics MSC Group and Lufthansa Group. But that was under the previous government. On September 25, Italy elected a right-wing majority. It is likely that Giorgia Meloni of Fratelli d’Italia (Italian Brothers) will now try to form a new government. During the campaign, Meloni said she opposed selling a majority share of ITA Airways to a foreign bidder. After the elections, Meloni and Fratelli d’Italia changed their position and said they no longer had objections.

 


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author avatar
Richard Schuurman
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016. Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.