Ryanair has submitted a non-binding bid for struggling Alitalia, its chief financial officer confirmed today.

Alitalia filed to be put under special administration in May for the second time in less than a decade.

That started a process that will lead to the airline being overhauled, sold off or wound up.

About ten non-binding offers were received by the Friday deadline, a source told Reuters.

“We put a non-binding bid in,” Ryanair chief financial officer Neil Sorahan said.

“I can’t say much more other than we think it is right to be involved in the process.”

Ryanair chief executive, Michael O’Leary, in June said the carrier would seek a majority stake in Alitalia if it decides to invest.

But at other times he has indicated he was keen on co-operating with the business rather than buying it and was more interested in participating in the sales process than buying it


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Comment: Arrivederci Alitalia