The Limited Times

Now you can see non-English news...

A remnant of Alitalia, ITA hopes to get married soon

2021-10-17T21:16:02.841Z

Too small to survive, the new national transalpine company could be taken over by Lufthansa. Rome At 74 years old, twenty of them in agony on a drip, Alitalia died Thursday after her last flight. It will have cost 13 billion euros to the Italian taxpayer in forty-seven years, according to Il Sole 24 ore. It did not know how to invest and develop to take advantage of the liberalization of the sky, it lost control of its domestic market, and it missed, for political reasons, two marriages:



Rome

At 74 years old, twenty of them in agony on a drip, Alitalia died Thursday after her last flight.

It will have cost 13 billion euros to the Italian taxpayer in forty-seven years, according to

Il Sole 24 ore.

It did not know how to invest and develop to take advantage of the liberalization of the sky, it lost control of its domestic market, and it missed, for political reasons, two marriages: one with KLM in 1999, the 'another with Air France in 2008.

See also

The fragile takeoff of airlines in Europe

ITA, a new company started from scratch with 3 billion in public capital, is only a fraction of Alitalia, from which it has taken over the brand.

It started with 52 planes (120 for Alitalia) and 2,800 employees (against 10,500), recruited under conditions 30% to 40% lower than those of Alitalia.

ITA does not control its maintenance or handling and only serves 36 destinations.

With 7 long-haul planes (compared to 26), it hardly has any intercontinental lines, those which accounted for half of Alitalia's turnover:

This article is for subscribers only.

You have 76% left to discover.

To cultivate your freedom is to cultivate your curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-10-17

You may like

Life/Entertain 2021-10-15T11:51:29.093Z
Life/Entertain 2021-10-02T05:27:16.461Z
Life/Entertain 2021-09-22T13:07:33.718Z
News/Politics 2021-08-26T13:10:34.284Z

Trends 24h

Business 2021-12-02T05:12:08.226Z

Latest

© Communities 2019 - Privacy