Articles tagged “alitalia”

Ryanair Cares Less About Fares Than You Might Think

Ryanair Cares Less About Fares Than You Might Think

Patrick Whyte, Skift

Fares look like they are coming down in Europe and Ryanair, thanks to its low-cost base and multiple revenue streams, is in a better position than most to weather the storm.

1 day ago

New Long-Haul Budget Airline Level Targets Weakened Alitalia

New Long-Haul Budget Airline Level Targets Weakened Alitalia

Thomas Gualtieri and Benjamin Katz, Bloomberg

We're undecided about whether International Airlines Group will show resolve with Level to build a a long-haul, low-cost carrier over the long term. But in the meantime, it may pose a real challenge to struggling Alitalia.

2 months ago

Alitalia on the Brink as It Enters Bankruptcy Proceedings

Alitalia on the Brink as It Enters Bankruptcy Proceedings

Chiara Albanese and Tommaso Ebhardt, Bloomberg

Alitalia has been drinking at the last chance saloon for the past couple of years and it finally looks like the bartender is about to call time.

3 months ago

Italy to Keep Alitalia Flying as It Looks for a Buyer

Italy to Keep Alitalia Flying as It Looks for a Buyer

Associated Press

We hate to say it, but the financially troubled flagship airline needs to be sold or allowed to fail. It has been given plenty of chances since 2008, and now its labor unions have rejected a government-brokered deal for about $2 billion in fresh investment from Etihad.

3 months ago

Alitalia in Chaos as a Sale or Breakup Seems Possible

Alitalia in Chaos as a Sale or Breakup Seems Possible

Tommaso Ebhardt and Chiara Albanese, Bloomberg

When Alitalia last filed for bankruptcy protection in 2008, it defied predictions that it would shrink, break up, and be sold as a whole or in parts. This year, it is less likely to escape a cruel fate.

3 months ago

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 months 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 months 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.

4 months 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.

6 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.

7 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.

7 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.

8 months ago