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.
The Irish low-cost carrier is among multiple bidders reported to be interested in the airline including easyJet, Air France and Delta Air Lines.
Greybull declined to comment to Sky News yesterday (August 14).