Lufthansa has not only confirmed submitting an offer for acquiring part of Alitalia assets but has also outlined some of its plans for the carrier’s hubs post take-over. Should it success in its bid, the Group plans to turn Rome Fiumicino into its fifth major European hub. The four Lufthansa Group hubs at present are Frankfurt International and Munich for Lufthansa, Zurich for Swiss, and Vienna for Austrian Airlines.
Carsten Spohr, CEO of the German carrier, has revealed the Group’s plans while presenting their financial results for the third quarter of 2017. He also said that Dusseldorf-based LCC Eurowings may assume Alitalia’s Milan Linate and Milan Malpensa operations.
So far, only Lufthansa Group and easyJet have confirmed their offers to insolvent Alitalia.
Meanwhile, according to the Financial Times, the US private equity fund Cerberus Capital Management has also made a proposal to keep Alitalia operational but as an independent stand-alone carrier. The fund is reportedly willing to invest between EUR100 and 400 million (USD116-464million) in the Italian airline as part of a plan in which the Italian government would retain a stake in the airline alongside unions.