Alitalia future uncertain after easyJet exits rescue talks

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Alitalia future uncertain after easyJet exits rescue talks
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British budget airline easyJet pulled out of talks to rescue Alitalia on Monday,...

LONDON/ROME - British budget airline easyJet pulled out of talks to rescue Alitalia on Monday, leaving the Italian carrier’s future uncertain only two weeks before a deadline to save it.

Without an industrial partner, Alitalia could soon find itself in trouble since neither Ferrovie nor the state have the skills to run the carrier, a source said last week. Although the parties had not seen eye to eye on the structure of a deal, prompting easyJet to withdraw from talks, Delta said on Monday it was still in talks with Ferrovie over the proposed 900 million euro rescue plan.

However, potential suitors have so far been few and far between, and Delta can only imagine taking a 15 percent stake or spending around 100 million euros, another source close to the matter said last week.

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