DJ Lufthansa Ready To Invest In Malpensa In Alitalia Buy -Report
Deutsche Lufthansa AG (LHA.XE) is ready to invest in Milan's Malpensa airport as part of its possible bid for Italian lossmaking airline Alitalia SpA (AZA.MI), daily Il Sole-24 Ore reports Thursday without citing sources.
The German carrier told Alitalia's Chairman Maurizio Prato, as well as the head of the company that owns Malpensa, that it also plans to keep an unspecified number of intercontinental flights from that airport, the newspaper writes.
Italy is seeking a buyer for Alitalia, which is losing between EUR1 million and EUR2 million a day and has run up net debt of over EUR1 billion. The Italian Treasury owns 49.9% of Alitalia.
Newspaper Web site: http://www.ilsole24ore.com