Alitalia’s extraordinary commissioner has formally invited parties to express interest in all or parts of the airline, setting an 18 March deadline for submissions.

Giuseppe Leogrande detailed the invitation in a document, dated 5 March, covering Alitalia and Alitalia Cityliner – both of which are in administration.

Offers for various lot configurations will be accepted, the document states.

It says parties can express interest in the entire airline business or, alternatively, the separate aviation activities, ground-handling activities or aircraft maintenance activities.

Interest in other possible combinations will only be considered if no offers for the whole business, or its components, are submitted.

The document also sets out financial conditions, such as turnover thresholds, for candidates interested in each of the activities.

It gives the deadline for declaring interest in the potential transactions as midnight on 18 March, and those received outside of this limit “will not be taken into consideration”.

Within five days the commissioner will communicate details on procedures for admission to the data room of the corresponding organisation, and successful candidates will also be advised of timing for presenting binding offers.