Articles tagged “alitalia”

Alitalia Staff Votes on Cost-Cutting To Avoid Bankruptcy

Alitalia Staff Votes on Cost-Cutting To Avoid Bankruptcy

Associated Press

Employees of Alitalia are being given a choice: accept a wage cut or prepare to find another job. They are paying a heavy price for years of mismanagement at the airline that has put it on the brink of bankruptcy.

3 days ago

Alitalia May Face Cash Crunch Within Weeks

Alitalia May Face Cash Crunch Within Weeks

Tommaso Ebhardt, Chiara Vasarri, and Chiara Albanese, Bloomberg

Alitalia had been rescued by Etihad, which positioned it as a premium brand. But high costs hurt. Now the Italian government may guarantee loans to help the airline change course.

4 weeks ago

Alitalia Details New Cost-Cutting Plan to Compete Against Budget Carriers

Alitalia Details New Cost-Cutting Plan to Compete Against Budget Carriers

Colleen Barry, Associated Press

It will be a long road back to profitability for Alitalia, which has suffered since low-cost carriers increased air travel competition in Europe.

1 month ago

Etihad and Lufthansa Are Exploring a Deeper Relationship

Etihad and Lufthansa Are Exploring a Deeper Relationship

Benjamin Katz, Bloomberg

It's too early to know for sure, but Etihad may have made a mistake in trying to prop up so many failing European airlines. It now needs a new European plan, and Lufthansa likely will be part of that strategy. But that doesn't mean Etihad needs to buy a piece of the airline.

3 months ago

Struggling Alitalia Plans Crisis Talks With Italian Government

Struggling Alitalia Plans Crisis Talks With Italian Government

Deena Kamel Yousef, John Follain, Tommaso Ebhardt and Chiara Vasarri, Bloomberg

Alitalia's struggles aren't new. It's clear something drastic needs to happen if it is ever to become a viable business again.

3 months ago

3 Aviation Stories You May Have Missed Over the Holidays

3 Aviation Stories You May Have Missed Over the Holidays

Brian Sumers, Skift

The aviation industry was mostly quiet during the holiday period, but a few companies made news — and not for the best of reasons.

4 months ago

Alitalia May Slash Jobs and Ground Planes in Turn-Around Effort

Alitalia May Slash Jobs and Ground Planes in Turn-Around Effort

Stanley Carvalho and Agnieszka Flak, Reuters

Alitalia's problems make Air France and Lufthansa's seem like a field day.

5 months ago

Alitalia Gets a New Look That’s in Line With Etihad’s Broader Ambitions

Alitalia Gets a New Look That’s in Line With Etihad’s Broader Ambitions

Marisa Garcia, Skift

They say dress for the job you want. The new Alitalia uniforms are stylish and the campaign is emotive. Alitalia's look suits the job of being an Etihad Group brand. For those who believe brand defines long-term success, this is the case study to watch.

11 months ago

Etihad CEO Is Sure Air Berlin and Alitalia Are on the Road to Improvement

Etihad CEO Is Sure Air Berlin and Alitalia Are on the Road to Improvement

Chiara Albanese and Deena Kamel Yousef, Bloomberg

Etihad has created an alliance of its own with strategic investments in carriers in need of help. If it can turn this alliance into one that creates and serves new routes it will do even better.

11 months ago

Alitalia Wants a Major Stake in Air Malta

Alitalia Wants a Major Stake in Air Malta

Associated Press

Alitalia is looking to grow as it returns to profitability, and Air Malta is a good acquisition target as it emerges from restructuring.

12 months ago

Alitalia Appoints New CEO To Lead Rebound Efforts

Alitalia Appoints New CEO To Lead Rebound Efforts

Tommaso Ebhardt and Deena Kamel Yousef, Bloomberg

The bottom line is that new CEO Cramer Ball will have to get Alitalia into profit mode to please leading shareholder Etihad and it all seems like a doable thing.

1 year ago

Alitalia CEO Resigns After Less Than A Year at His Post

Alitalia CEO Resigns After Less Than A Year at His Post

Associated Press

Alitalia rebranded its livery and logos in June but now it will have to continue its makeover without CEO Silvano Cassano, who resigned for unspecified personal reasons. Whether Etihad, which took a controlling 49 percent stake in Alitalia last year, pushed him out remains unclear at this point.

2 years ago