Articles tagged “alitalia”

Why the Ryanair CEO Thinks He Has This Pandemic Mess All Worked Out

Why the Ryanair CEO Thinks He Has This Pandemic Mess All Worked Out

Matthew Parsons, Skift

Michael O'Leary's latest strategy is a long shot, but when your traffic plummets 99 percent you've got nothing to lose.

2 weeks ago

Covid’s Airlines Paradox: The Losers Are the Winners

Covid’s Airlines Paradox: The Losers Are the Winners

Jay Shabat, Skift

For the world’s weakest airlines, the current crisis brings a new lease on life. The pandemic's fallout has turned what were dead-end business models into models with a much greater chance of success.

3 months ago

How the Italian Government Plans to Rebuild Alitalia

How the Italian Government Plans to Rebuild Alitalia

Francesca Landini and Giuseppe Fonte, Reuters

Given the years of struggle it would be amazing if Alitalia manages to outlast some of its better-funded European rivals. The Italian government clearly thinks the carrier has a viable future in the post-coronavirus world.

5 months ago

European Union to Investigate Italy Loan to Beleaguered Alitalia

European Union to Investigate Italy Loan to Beleaguered Alitalia

Associated Press

Lots of smart people saw this coming. The Italian government was desperate to save Alitalia, the historic flag carrier. Given the importance of the airline to the country, this was understandable. The problem is EU rules bar governments from providing most types of aide to beleaguered airlines.

6 months ago

Qatar Airways-Backed Air Italy Is Shutting Down

Qatar Airways-Backed Air Italy Is Shutting Down

Patrick Whyte, Skift

Another European airline bows out. Alitalia has once again outlasted one of its purported challengers — now it desperately needs to find a buyer.

6 months ago

Italy Ready to Hand Alitalia a $442 Million Loan to Keep It Flying

Italy Ready to Hand Alitalia a $442 Million Loan to Keep It Flying

Chiara Albanese and Alberto Brambilla, Bloomberg

Alitalia has been on life support for more than two years and the government shows no sign of wanting to pull the plug. Is it ever going to be fit enough to attract a takeover?

8 months ago

Alitalia Rescue Plan Thrown Into Doubt as Suitors Reconsider

Alitalia Rescue Plan Thrown Into Doubt as Suitors Reconsider

Chiara Albanese, Tommaso Ebhardt and William Wilkes, Bloomberg

Is anyone going to step in and save Alitalia? On the surface it would seem a nice fit for one of the big European airline groups, but look under the hood and there are still some serious problems that need resolving.

9 months ago

Is Lufthansa’s Coolness on Stakes in Alitalia and Condor a Ploy?

Is Lufthansa’s Coolness on Stakes in Alitalia and Condor a Ploy?

Patrick Whyte, Skift

What are the chances that Lufthansa ends up owning at least parts of Alitalia and Condor? It doesn't seem enthusiastic about either, but it might be better than letting a competitor get hold of them — as long as regulators agree.

9 months ago

Delta Air Lines and 3 Other Groups Will Work to Rescue Alitalia

Delta Air Lines and 3 Other Groups Will Work to Rescue Alitalia

Associated Press

The group charged with ensuring Alitalia's long-term survival is unusual. The four entities involved in the airline's future are the state railway, the Italian treasury, Delta Air Lines, and a company known for operating highways and airports. What could go wrong?

1 year ago

Potential Investors Taking Their Time Over Alitalia Rescue

Potential Investors Taking Their Time Over Alitalia Rescue

John Follain and Tommaso Ebhardt, Boomberg

It sounds like Alitalia's rescue isn't imminent and with the carrier reportedly racking up losses of $789,000 a day you can hardly blame potential investors for being careful.

1 year ago

Alitalia Rescue Plan May Boost Delta’s Stake

Alitalia Rescue Plan May Boost Delta’s Stake

John Follain and Tommaso Ebhardt, Bloomberg

The saga of Alitalia seems never-ending with a new bid deadline set for Monday. Delta has been growing its global partnerships so the beleaguered Italian airline might make strategic sense, but expect a few more twists and turns before this is over.

1 year ago

Former Avianca Chairman Eyes Alitalia Investment

Former Avianca Chairman Eyes Alitalia Investment

Daniele Lepido, Bloomberg

German Efromovich has previously expressed an interest in buying Alitalia so his latest comments aren't entirely surprising. But will his comments translate into an actual deal?

1 year ago