Atlantia seeking radical revision of Alitalia rescue plan: source

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ROME/MILAN (Reuters) – Italian infrastructure group Atlantia (MI:) has asked the country’s industry ministry to radically revise the rescue plan for Alitalia if negotiations to salvage the ailing carrier are to go on, a source familiar with the matter said.

The source was confirming a report in Thursday’s Corriere della Sera newspaper.

Atlantia is part of a group of investors led by Italian railways Ferrovie dello Stato behind a possible rescue of the loss-making airline which also include Delta Air Lines (N:).

Delta has agreed to increase its investment in Alitalia to 120 million euros, giving the U.S. airline a stake of 12%, up from an initial 10%, Corriere della Sera added in the report.

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