Croatia Airlines to resume domestic flights

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Italy to sell ITA in June

Italy's government aims to sell state-owned ITA Airways, the successor to Alitalia, by the end of June after setting a deadline for binding offers of May 23, Economy Minister Daniele Franco said. Three prospective bidders for ITA Airways have had access to its finance data room, Franco said addressing parliament over the issue. They are shipping group MSC alongside Germany's Lufthansa, the U.S. Certares fund in cooperation with Delta and Air France, and investor Indigo Partners, Franco added. Under a government decree, Rome plans to privatise ITA through a direct sale while retaining a minority, non-controlling stake in a first stage. MSC in January requested an exclusivity period of 90 days to iron out details of an acquisition, but Rome opted for a market-based procedure aimed at keeping the door open to other potential suitors. "The outcome of the negotiations is not a foregone conclusion. We will examine the three offers in a transparent way, there is no decision on our part at present", Franco said adding a key factor is that the buyer is at least 51% owned by a European player. Lufthansa is interested in taking a minority stake in ITA, leaving the majority to MSC, the airline said in remarks during its shareholders meeting. It added, however, that the review of ITA's financial data would be important to confirm this preliminary intention. If the deal does go through, Lufthansa aims to build a close commercial cooperation with ITA and expects synergies to make the investment profitable in the long term, the carrier said. Under an agreement with the European Union, Rome can inject up to 1.35 billion euros into the ITA by 2023. A privatisation deal would potentially reduce the financial support granted by the state, limiting the costs for Italian taxpayers.

Croatia Airlines to resume domestic flights

NEWS FLASH

Croatia Airlines will resume domestic operations on May 11, Croatia’s Prime Minister, Andrej Plenković, has announced. The exact schedule and number of flights is yet to be determined and will depend on measures which will be implemented by the country in order to contain the coronavirus Covid-19 pandemic. However, the general Manager of Brač Airport, Tonči Peović, said speaking at a webinar on the impact of the pandemic on Croatian aviation, that flights from Zagreb to Split and Dubrovnik would be resumed first, and other domestic destinations later on. Croatia Airlines discontinued domestic services in mid-March. Almost all of Croatia’s airports are still open, however, only Zagreb boasts commercial flights, with Croatia Airlines maintaining a daily service to Frankfurt. Dubrovnik Airport is the only to have been closed after several staff members tested positive for the virus. It recently outlined plans to reopen on May 2.

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Anonymous15:07
Good idea. Perhaps 2 daily flights each, once in morning and evening so that it will also suit business pax.
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Anonymous15:45
What about PSO and OSI flights???
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