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Italy to ask state railways to invest in Alitalia: press
October 6, 2013 / 11:02 AM / 4 years ago

Italy to ask state railways to invest in Alitalia: press

MILAN (Reuters) - Italian Prime Minister Enrico Letta is sounding out the state-owned railway group Ferrovie dello Stato about taking a stake in money-losing airline Alitalia, Il Messaggero reported on Sunday.

An Alitalia plane passes an Air France plane on the tarmac of Charles de Gaulles International Airport in Roissy near Paris, January 8, 2013. REUTERS/Charles Platiau

The government is holding a meeting on Monday to discuss financial support for the airline, a government source told Reuters on Friday.

Ferrovie dello Stato chief Mauro Moretti will attend the meeting, Il Messaggero said on Sunday without citing sources, to discuss a possible investment. Such a move would counter-balance the influence of Franco-Dutch carrier Air France-KLM, which has signaled it could take a stake in Alitalia.

Reporting by Jennifer Clark, editing by William Hardy

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