Report: Delta, EasyJet may invest over $400 million in struggling Italian airline

Struggling Italian airline Alitalia SpA is in talks with Delta Air Lines and EasyJet to draft a rescue plan and explore investment options.

Bloomberg reports the Atlanta-based airline and U.K. carrier may invest as much as $452 million ($400 million euros) and could get up to a 40 percent stake in the new Alitalia company, after its second bankruptcy in a decade processes.

Investors in a group led by rail operator Ferrovie dello Stato SpA are considering a capital injection of about $1 billion…

Original published: 2019-02-20 14:27:28 Read the full Atlanta News here

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