A PYMNTS Company

Italy Will Talk With EU Of Revamp Of Alitalia This Week

 |  February 28, 2021

Italy intends to press ahead with the nationalization of carrier Alitalia, the economy, industry, and transport ministries announced in a joint statement clarifying the stance of the new cross-party ruling coalition on the politically controversial issue.

The three new ministers will discuss the revamp of the carrier with EU Commissioner Margrethe Vestager next week, they stated.

“We evaluated the possibility of continuing the ITA project and expressed the desire to confirm a national air transport carrier,” the Italian ministries of economic development, transport, and finance jointly stated.

Proposals to resolve “issues still open” will be presented to the Commission within the next week, they added.

The meeting will involve the ministers and European competition commissioner Margrethe Vestager.

Ministers disclosed the planned meeting following a February 26 discussion on the situation regarding Alitalia, adding that the Italian parliament will also have to be involved over the ITA industrial plan.

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.