Delta Air Lines Inc. suggested a partnership with rival Alitalia bidder EasyJet Plc that would involve a less costly contract with the bankrupt airline’s staff, while retaining operational centers at Italy’s Fiumicino and Malpensa airports, Corriere della Sera reported.

The discussions are complex and in a delicate phase, Corriere said, citing four people working on the matter being handled by Italy’s Ferrovie dello Stato, the national railroad operator. Both Delta and U.K.-based low-cost carrier EasyJet submitted separate bids in November as the government seeks a buyer for the bankrupt national airline.

Ferrovie executives met in Milan Saturday to prepare for a possible board meeting on Wednesday, at which a partner or partners could be announced, the newspaper said.

Ferrovie has been given the task of conducting the negotiations. The government may favor a deal with Delta because it would be easier to implement and wouldn’t require job cuts, La Stampa reported in early January, citing an official.

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Photo Credit: A decision on the fate of bankrupt Italian airline Alitalia could be coming very soon. Bloomberg