Delta Airlines and Air France-KLM are interested in Alitalia’s successor ITA

Delta Airlines, Air France-KLM, with the backing of an international fund, have presented an expression of interest to Italy’s government for a majority stake in Alitalia’s successor ITA Airways, daily La Repubblica reported on Thursday Mar. 10, citing a government source.

A further expression of interest arrived from another international fund which is already invested in low-cost carriers, the paper added.

The move comes after Germany’s Lufthansa had teamed up with shipping group MSC to express an interest in newly formed Italian flag carrier ITA Airways has been in the news several times in the first few months of the year. Germany’s national airline is eyeing a minority stake in ITA, which could represent as much as 40% of the business. Reuters.com