British budget airline easyJet pulled out of talks to rescue Alitalia on Monday,...
LONDON/ROME - British budget airline easyJet pulled out of talks to rescue Alitalia on Monday, leaving the Italian carrier’s future uncertain only two weeks before a deadline to save it.
Without an industrial partner, Alitalia could soon find itself in trouble since neither Ferrovie nor the state have the skills to run the carrier, a source said last week. Although the parties had not seen eye to eye on the structure of a deal, prompting easyJet to withdraw from talks, Delta said on Monday it was still in talks with Ferrovie over the proposed 900 million euro rescue plan.
However, potential suitors have so far been few and far between, and Delta can only imagine taking a 15 percent stake or spending around 100 million euros, another source close to the matter said last week.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
North Korea Threatens to Exit Nuclear TalksA senior North Korean official warned that the country may suspend talks with the U.S. over its nuclear arsenal, in the latest sign of pressure on Washington.
Read more »
5 rock-solid ETFs for an uncertain 2019 stock market5 rock-solid ETFs for an uncertain 2019 stock market (via JeffReevesIP)
Read more »
Facebook product chief Cox to exit as focus shifts to messagingFacebook Inc's chief product officer and one of its earliest employees, Chr...
Read more »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Read more »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Read more »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Read more »
Ken Griffin says he's less likely to move Citadel to NYC after Amazon's 'heartbreaking' exitBillionaire hedge fund manager Ken Griffin said Amazon's decision to pull out of New York City 'dramatically' reduced his interest in moving Citadel's headquarters, according to a Bloomberg report.
Read more »
MPs set to reject no-deal exit as Brexit unknown loomsMPs were on Wednesday set to vote against the threat of a 'no-deal' ex...
Read more »
MPs set to reject no-deal exit as Brexit unknown loomsMPs were on Wednesday set to vote against the threat of a 'no-deal' ex...
Read more »
Opinion | Trump’s Emergency ExitOpinion: Republican Senators don't want a pointless showdown with Trump over the wall, but they can't avoid one if the White House won't change course.
Read more »