EasyJet submits revised expression of interest for Alitalia as part of consortium

Budget airline EasyJet said late on Tuesday that it had submitted a revised expression of interest for a restructured Alitalia as part of a consortium.

"Given the nature of the process, the content of the expression of interest is subject to confidentiality," it said.

The airline added that there is currently no certainty that any transaction will proceed and that it will provide a further update in due course if and when appropriate.

Although the company did not say who was part of the consortium, reports suggested that Air France-KLM and Cerberus Management were in the frame.