Lufthansa offers 250 million euros to take on most of Alitalia's fleet, half of staff - source

(Reuters) - Germany’s Lufthansa (LHAG.DE) has offered 250 million euros (£224 million) to take on most of Alitalia’s fleet of aircraft and half of its staff, a source close to the matter said on Tuesday.
FILE PHOTO: An airplane of Alitalia approaches to land at Fiumicino international airport in Rome, Italy, May 3, 2017. REUTERS/Max Rossi/File Photo
Alitalia, which has made a profit only a few times in its 70-year history, was put under special administration earlier this year after staff rejected a plan to cut jobs and salaries.
Lufthansa is one of seven companies that submitted binding offers for Alitalia by Oct. 16.
Lufthansa offers 250 million euros to take on most of Alitalia's fleet, half of staff - source Lufthansa offers 250 million euros to take on most of Alitalia's fleet, half of staff - source Reviewed by Alexander Von Stern on 07:54:00 Rating: 5