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Lufthansa offers 250 mln euros to take on most of Alitalia's fleet, half of staff -source
November 14, 2017 / 3:37 PM / 5 days ago

Lufthansa offers 250 mln euros to take on most of Alitalia's fleet, half of staff -source

FRANKFURT, Nov 14 (Reuters) - Germany’s Lufthansa has offered 250 million euros ($294 million) to take on most of Alitalia’s fleet of aircraft and half of its staff, a source close to the matter said on Tuesday.

Alitalia, which has made a profit only a few times in its 70-year history, was put under special administration earlier this year after staff rejected a plan to cut jobs and salaries.

Lufthansa is one of seven companies that submitted binding offers for Alitalia by Oct. 16. ($1 = 0.8508 euros) (Reporting by Ilona Wissenbach; Writing and additional reporting by Agnieszka Flak in Milan; Editing by Kathrin Jones and Hugh Lawson)

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