Italy's government says it will postpone the deadlines for repayment of a bridge loan to bankrupt national carrier Alitalia while it evaluates offers from three airlines to buy it. The economic development ministry said the government would issue a decree next week to postpone the terms to close the deal and repay the loan, likely until later this year. Italy is in the midst of negotiations to form a new government, and any new deal would be put on hold until it is formed. Italian media say Lufthansa, easyJet and Wizz Air submitted offers by Tuesday's deadline. In a statement, the development ministry said the offers showed a "real interest" in Alitalia and that one of the three bids "includes concrete steps forward in terms of routes and personnel."

Source: ABC News April 11, 2018 17:26 UTC