Lufthansa looking to rescue Alitalia with €200 million bid, reports suggest

Germany’s Lufthansa could be set to invest up to €200 million in struggling carrier Alitalia, according to new reports. The Italian carrier is running out of funding options and time to find them having been granted an extra extension by Italy’s industry ministry to gain a binding bid by 21 November. A report by Reuters suggests that Lufthansa had written to Italy’s industry ministry and rail company Ferrovie dello Stato, which has pledged to take a stake in the airline and which is leading the effort to find new investors.  In its letter, Lufthansa said it was open to putting