The sighting is analyzed by the Mediterranean UFO Center (C.UFO.M) and they concluded that it is not a bird, a satellite, an atmospheric probe or a balloon.
The object emits lights sometimes right and sometimes to the left. As for the lights, if the object is a balloon that is spinning, reflections would change rapidly and look to be in odd places, but investigator Angelo Maggioni ruled out that it is a balloon as the sun is to the left and not all of the reflections appear to be to the left, besides the object has a focus similar to that of the aircraft. Angelo Maggioni suggests the object must be a UFO.
But is it a UFO, a man-made or extraterrestrial craft with lights or it is just a balloon?