Skip to main content

Monarch owners Greybull mull Alitalia bid

Air
Tom Parry
15 August 2017

Monarch owner Greybull Capital is reportedly considering a bid for parts of Alitalia.

The Alitalia brand is set to disappear

Sources close to the bidding process for the embattled Italian carrier said the British investment firm was interested in acquiring the airline’s engineering business to integrate it with its existing operations, Sky News reports.

Greybull is also “expected to seek partners for some of Alitalia’s short-haul activities”, according to Sky News, although the firm is reportedly “less keen” on acquiring Alitalia’s ground handling operations.

Alitalia fell into administration in May despite the Italian government injecting €600m (£545m).

Ryanair confirmed it had lodged a non-binding offer for Alitalia last month.