The Italian flagship airline Alitalia received a State-sponsored bailout four years ago. On that occasion, the Italian Government went to great lengths to ensure that the airline remained in Italian hands.
Alitalia is still losing 630,000 euros a day, however, according to Italian newspaper La Repubblica.
During the first bailout, Air France offered to purchase the airline, but was turned down for patriotic reasons. This time, a new offer from the French flagship airline could be more welcome… if it is forthcoming.
Alitalia was founded in 1946, initially using FIAT and Savoia-Marchetti planes.
In addition to being the Italian flagship airline, Alitalia is also the official airline of the Holy See.