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Factbox-The assets ITA Airways can offer suitors

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Reuters UK

MILAN (Reuters) – Shipping group MSC and airline Lufthansa are interested in buying a majority stake in Alitalia’s successor, ITA Airways, despite the airline’s history of failed privatisations and 170 million euro ($194 million) operating loss in 2021. The Italian government has spent an estimated 10 billion euros ($11.4 billion) of taxpayers’ money on Alitalia over the years. Here is what may be attractive to ITA’s suitors: STREAMLINED ORGANISATION, REDUCED COSTS ITA has a fleet of 52 aircraft, less than half that of Alitalia, and employs around 2,300 people compared with nearly 11,000 at Al…

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