Italy aims to sell ITA Airways by end of next month


© Reuters. FILE PHOTO: A woman walks past the logo of the new state-owned Italian carrier Italia Trasporto Aereo at Fiumicino airport before a news conference to present the aircraft’s new fleet, in Rome, Italy, March 1, 2022. REUTERS/Remo Casilli/

ROME (Reuters) – Italy’s government aims to sell state-owned ITA Airways by the end of June after a deadline for binding offers of May 23, Economy Minister Daniele Franco said on Tuesday.

Under a government decree, Rome plans to privatise ITA through a direct sale while retaining a minority, non-controlling stake in a first stage.

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