Alitalia will initially be state-owned according to Transport Minister Stefano Patuanelli according to a report by Reuters.
The reorganized flag carrier will be relaunched in June with “over 90 planes”.
Italy was unable to find a buyer, hence the relaunch.
“Speaking before a parliamentary committee for transport, the minister said the government would create a new company at the beginning of June that would take 100% of the airline.
“The new Alitalia will start with a fleet of more than 90 aircraft compared with its current 113 airplanes,” Patuanelli said, denying reports the fleet could be cut to 30 planes.”
Alitalia aircraft photo gallery: