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Air Italy and Meridiana Fly: purchase offer for Livingston

The new Italian group has formalized an offer for the insolvent charter carrier – Rt is also interested in the company – Alitalia fears the violation of the non-competition agreement signed with Toto Spa.

Air Italy and Meridiana Fly: purchase offer for Livingston

Air Italy presented a formal offer for the airline Livingston, specialized in charter flights and declared insolvent in October 2010, when it was put up for sale by Commissioner Daniele Discepolo. The purchase of Livingston would thus strengthen the charter business of the new pole set up by Meridiana Fly and Air Italy. The purchase proposal is accompanied by a deposit of 200 thousand euros. The offer is conditional on an agreement with the trade unions on employment, according to which Air Italy would absorb almost a hundred employees, out of the more than 400 layoffs.

The Rt of Riccardo Toto, son of the founder of Air One and shareholder of Alitalia-Cai, Carlo Toto, remains interested in the charter carrier. However, a possible purchase proposal by the young entrepreneur would foresee the strong opposition of the managing director of Cai-Alitalia Rocco Sabelli, according to whom the purchase of Livingston would violate the non-competition commitment until the end of 2013 signed by Toto Spa with the sale of Air One to Cai. The non-competition agreement concerns "the scheduled passenger air transport activity that is in direct competition with the activity carried out by Cai". But Livingston is a charter carrier, not a scheduled one.

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