No date for Macedonian airport reopening

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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.

No date for Macedonian airport reopening

NEWS FLASH

The Macedonian Ministry for Transport and Communications has said that no date has been given for the reopening of the country’s two international airports for commercial flights. The Ministry called on the general public not to purchase airline tickets for flights from Skopje and Ohrid. “Given the situation with the Covid-19 virus, at this point, it is not possible to predict when air traffic will be re-established, and passenger transport normalised. Until the Government of the Republic of Northern Macedonia adopts a new decision, we appeal for all citizens to refrain from booking tickets, in order not to further expose themselves to financial burdens”, the Ministry said in a statement.

Comments

Unknown04:59
Be more specific are you I going to open airports or not because I want to come back in summer to beautiful ohrid again
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Unknown14:36
Thank you for your feedback I'll stay but longer weather is great lake people sunshine and wear a mask protect others chao
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Unknown15:24
If I'm a Canadian citizen and I came to visit Macedonian I should be allowed to come back to my country and not be held hostage.
What's my alternative to return??
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No date for Macedonian airport reopening

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