Venezuelan airline Aserca is believed to be making an offer for distressed Italian national flag carrier Alitalia. Ascera has said it will make details of its plan available within days.
Alitalia sent out an SOS on Monday, publishing a final appeal on its website for investors to take over the near-bankrupt company.
It was feared the airline, which is 49.9 percent state-owned, could have been grounded by Thursday, without a credible cost-reduction plan in the pipeline.
The deadline of September 30 has been set for offers.
Wednesday, September 24, 2008
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