Delta Air Lines, Inc. (NYSE:DAL) on January 13, 2022 said it has no plans to invest in Alitalia's successor Italia Trasporto Aereo S.P.A. (ITA Airways). The Italian carrier is looking for an equity partnership and has started informal talks with some potential partners, both in Europe and overseas. Sources close to ITA Airways told Reuters that the Italian carrier has been in contact with Germany's Deutsche Lufthansa AG (XTRA:LHA), British Airways Plc (UK) and Delta Air, adding that formal talks could start by the end of March 2022.

Last month, Delta launched a reciprocal codeshare agreement with ITA Airways. In an interview Chief Executive Officer Ed Bastian said the U.S. carrier is working on the codeshare relationship. “We have no plans to invest in them,” Bastian told Reuters in an interview.