Alitalia: Italian investors' offer lasts 30 days

ROME: Alitalia's bankruptcy administrator says a binding offer he has received for the airline from Italian investors is good through November.

The official, Augusto Fantozzi, says he'll start studying the offer Monday but cautions that any deal must not violate European Union competition rules.

Fantozzi's warning came after the investors decided Friday to make the offer despite the refusal of unions for pilots and flight attendants to approve it.

The offer calls for cutting aircraft, routes and workers as well as an infusion of 1 billion euros (nearly $1.3 billion).

Air France-KLM and Lufthansa have been courted as possible partners.

Other unions approved the deal Friday. The government, Alitalia's biggest shareholder, wants the airline sold.