Alitalia has EasyJet/Elliot consortium and Lufthansa in pole position to acquire aviation assets
Alitalia has a consortium made up of Elliott and EasyJet [LON: EZJ] and Lufthansa [ETR: LHA] in pole position to acquire its aviation assets, Italian language daily Il Messaggero reported.
The unsourced report said that that the auction for the aviation assets has become a two-horse race between the consortium and Lufthansa after Ryanair [RYA:LN] had to cancel 2,100 flights due to staff shortages.
The report said that the mass cancellations have led to doubts in Italian government circles about Ryanair's aggressive market approach.
The report noted that administrators for Alitalia are looking to close a deal for the sale of the aviation assets by 5 November.