Italian railways keen to invest in Alitalia if airline partner present - report

Italian railways keen to invest in Alitalia if airline partner present - report
FILE PHOTO: An airplane of Alitalia approaches to land at Fiumicino international airport in Rome, Italy, May 3, 2017. REUTERS/Max Rossi/File Photo Copyright Max Rossi(Reuters)
Copyright Max Rossi(Reuters)
By Reuters
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MILAN (Reuters) - Ferrovie dello Stato is interested in investing in struggling Alitalia once an airline-sector investor has been found to develop the carrier's long-haul business and synergies with its own business are found, the Italian rail group's chief executive told a financial daily.

Asked whether state-owned FS was working on a joint investment in Alitalia with other public entities such as state-lender CDP or state-controlled Poste Italiane <PST.MI>, Gianfranco Battisti said his company was "open" and looking at the Alitalia dossier.

"For us the project needs to include a link between airports and the high-speed network, a way to eliminate overlaps with our business plan and a commercial integration with a single ticket that allows you to go from Dubai to Bologna," he told Il Sole 24 in an interview published Thursday.

(Reporting by Agnieszka Flak; Editing by Sai Sachin Ravikumar)

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