Easyjet No Longer Part of Alitalia Takeover Discussions

Photo: Richair | Dreamstime.com

By - April 14, 2019

Easyjet is no longer part of the effort of a joint takeover of troubled airline Alitalia. The carrier had been working with Delta Air Lines and Italian rail company Ferrovie dello Stato Italiane on a potential takeover bid.

“Following discussions with Ferrovie dello Stato Italiane and Delta Air Lines about forming a consortium to explore options for the future operations of Alitalia, Easyjet has taken the decision to withdraw from the process,” Easyjet said in a statement. “Easyjet remains committed to Italy, as a key market for the company, where it currently carries 18.5 million passengers every year and employs 1,400 pilots and crew, all on local contracts. We continue to invest in the three bases in Milan, Naples, Venice, as we have done by basing additional aircraft in Venice and Naples last summer.”

Alitalia continues operations with the backing of the Italian government as it attempts to find a buyer.

Delta is still talking with Ferrovie dello Stato Italiane on a potential purchase. The Italian government set a deadline of the end of March to submit rescue plans.

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