Articles tagged “alitalia”

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?

3 months 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.

3 months 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.

3 months 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?

4 months ago

The Worst Airline Prediction of the Past 15 Years

The Worst Airline Prediction of the Past 15 Years

Jay Shabat, Skift

Skift Airline Weekly celebrates its 15th anniversary this month, and we're taking a look back at some of our highlights. We learned in 2008 the danger of making airline predictions, especially when an airline has its government's support.

4 months ago

European Governments See Renewed Importance of National Airlines

European Governments See Renewed Importance of National Airlines

Brian Sumers, Skift

European governments once believed they could rely on the market to ensure their links to the outside world. But many are starting to become more protective of their national airlines. In many ways, it is a return to the past.

5 months ago

EasyJet Confirms It Won’t Take Part in Alitalia Rescue

EasyJet Confirms It Won’t Take Part in Alitalia Rescue

Anthony Palazzo, Bloomberg

All eyes are on Delta Air Lines now. How interested is it in still taking part in the Alitalia rescue?

7 months ago

EasyJet Close to Pulling the Plug on Its Rescue of Alitalia

EasyJet Close to Pulling the Plug on Its Rescue of Alitalia

Daniele Lepido and John Follain, Bloomberg

If EasyJet is no longer interested, what does this mean for Delta? Could we see Lufthansa or even Air France-KLM step in?

7 months ago

Italy’s Deputy Prime Minister is Confident EasyJet and Delta Air Lines will Invest in Alitalia

Italy’s Deputy Prime Minister is Confident EasyJet and Delta Air Lines will Invest in Alitalia

John Follain and Flavia Rotondi, Bloomberg

Delta Air Lines and EasyJet are two of the world's best-run airlines. Why do they want to invest in an airline that has repeatedly disappointed its investors? We're not sure, but presumably they have their reasons.

8 months ago

Air France-KLM Moves to Simplify Airline Group

Air France-KLM Moves to Simplify Airline Group

Patrick Whyte, Skift

Ben Smith is talking the talk right now, but unlike his predecessors who disappointed: Will he be able to walk the walk?

8 months ago

Delta and EasyJet Ponder $452 Million Investment in Alitalia

Delta and EasyJet Ponder $452 Million Investment in Alitalia

Tommaso Ebhardt, Sonia Sirletti and Ruth David , Bloomberg

The rescue plan for troubled Alitalia is becoming clearer as Delta and Easyjet mull over how much they would invest in the airline. The burn rate on cash is considerable so decisions need to be made sooner rather than later to keep the Italian airline alive.

8 months ago

Italy’s Government Wants to Remain Central to Alitalia’s Future

Italy’s Government Wants to Remain Central to Alitalia’s Future

Chiara Albanese, Daniele Lepido and Tommaso Ebhardt, Bloomberg

A lot of smart people think the best course of action is for Alitalia to disappear. But the national government has decided it is an important resource and seems intent on not letting go.

8 months ago