Financial Times FT.com

Bidders released from repaying Alitalia aid

By Guy Dinmore in Rome and Joshua Chaffin in Brussels

Published: November 13 2008 01:55 | Last updated: November 13 2008 01:55

The European Commission on Wednesday gave a green light to the consortium of Italian industrialists bidding for Alitalia by ruling they did not need to repay €300m ($374m) of illegal state aid given by Rome to the lossmaking airline.

As Brussels was announcing its decision, wildcat strike action by a minority of workers protesting over the takeover caused the cancellation of 50 more Alitalia flights after two days of chaos across Italian airports.

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