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Lufthansa confirms bid for majority share in Alitalia successor

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DPA

German air carrier Lufthansa has submitted a joint bid with Switzerland-based MSC shipyards to purchase a controlling share of ITA Airways, the successor airline to the former Italian flagship airline Alitalia, the airline confirmed on Monday. Bidding ended on Monday and the Lufthansa offer is considered to be a strong contender, though it remained unclear if there were any other bids. US airline investor Indigo, Franco-Dutch airline Air France-KLM and US air carrier Delta were all mentioned by industry analysts as likely bidders. The Italian government renationalized Alitalia at the onset of …

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