U.K.-based easyJet PLC withdrew from discussions with U.S.-based Delta Air Lines Inc. and Ferrovie dello Stato Italiane SpA to create a consortium that would consider options for the future operations of struggling Italian airline Alitalia.

EasyJet said it remains committed to Italy as a key market and continues to invest in its three bases in Milan, Naples and Venice.

Delta is continuing talks with Ferrovie regarding a potential bid for Alitalia, BBC News reported.