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Parliamentary questions
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27 November 2018
P-005965-18
Question for written answer P-005965-18
to the Commission
Rule 130
Ramon Tremosa i Balcells (ALDE)

 Subject:  Italian state railway's purchase offer for Alitalia: the ‘new’ company, economic discontinuity and poor management
 Answer in writing 

The Italian state-appointed commissioners overseeing the sale of Alitalia accepted a binding purchase offer(1) from the state railway company, Ferrovie dello Stato (FS)(2). The deal may well be finalised in 2019(3),(4).

The CEO of FS has already spoken of a done deal and mentioned that the trains are to be integrated into Fiumicino airport(5),(6), which suggests that the Commission has given its approval. This month, it conducted a study on the existing offers and a possible way forward.

As for new flight routes(7), Alitalia’s management has said that it will redistribute their aircraft accordingly. Some academics have suggested, however, that this will entail a loss of EUR 313 million and that bridging loan money is being used for this purpose(8).

1. Did the Commission receive a satisfactory reply from the Italian authorities regarding the purchase of new uniforms, the new lounge at Fiumicino and new routes, which had all been previously agreed with FS management, or about the non-payment of interest on the bridging loan?

2. Can it confirm whether Alitalia is a poorly functioning company with its losses and debt, and if so, how can the EUR 900 million in rescue aid be recovered if the bridging loan is declared illegal?

3. What criteria were used when it investigated this ‘new’ Alitalia and subsequently established ‘economic discontinuity’?

(1)https://www.reuters.com/article/us-italy-alitalia/italian-state-railways-says-will-bid-for-alitalia-other-firms-back-off-idUSKCN1N42EZ
(2)https://uk.reuters.com/article/uk-alitalia-offer-railways/alitalia-accepts-binding-purchase-offer-from-state-railways-source-idUKKCN1NP28I?utm_source=POLITICO.EU&utm_campaign=60f95c5ab2-EMAIL_CAMPAIGN_2018_11_21_09_51&utm_medium=email&utm_term=0_10959edeb5-60f95c5ab2-189906581
(3)https://www.ilsole24ore.com/art/finanza-e-mercati/2018-10-29/fs-avanti-alitalia-mercoledi-l-offerta-vincolante-203333.shtml?uuid=AEB9MlXG&fromSearch
(4)https://www.reuters.com/article/alitalia-ma-easyjet/easyjet-submits-revised-expression-of-interest-for-alitalia-idUSL8N1XB80T
(5)https://www.repubblica.it/economia/2018/11/20/news/fs_col_nuovo_orario_lo_scalo_di_fiumicino_raggiunto_dai_frecciarossa-212126859/?ref=RHPPBT-BH-I0-C6-P10-S1.6-T1
(6)https://www.ilsole24ore.com/art/finanza-e-mercati/2018-11-15/alitalia-fs-prove-d-integrazione-frecciarossa-fermera-fiumicino-211213.shtml?uuid=AEVR3lhG
(7)https://www.corriere.it/cronache/18_novembre_05/alitalia-vola-washington-8c65ee00-e108-11e8-b7b1-47f8050d055b.shtml
(8)https://www.lavoce.info/archives/55586/perche-trenitalia-non-risolve-i-problemi-di-alitalia/

Last updated: 29 November 2018Legal notice