Bloomberg Italia Trasporto Aereo (ITA), the state-owned successor to Alitalia, is positioning itself for an investment from a major airline that could come as soon as the end of next year, according to Chairman Alfredo Altavilla. The new Italian carrier, which started operations after its predecessor shut down, is too small to survive as a standalone company, Altavilla said in ...

Bloomberg A consortium led by Hungary’s government has offered about 4 billion euros ($4.6 billion) for full control of Budapest Airport, according to people familiar with the negotiations. The latest bid, after an earlier one this year was rejected as undervaluing the hub, is being considered by the airport’s owners, according to two people who asked not to be identified ...

Bloomberg China’s Civil Aviation Administration ordered five domestic and foreign airlines to suspend some flights from Monday after multiple coronavirus cases were found on board, it said. The carriers included Air China Ltd, which had six infections detected on an inbound flight from Frankfurt to the northeastern city of Changchun, the administration said in the statement. KLM Royal Dutch Airlines, ...