The transport minister of Italy signed the decree under which the government approved the establishment of a new state-owned air carrier which will take over the assets of Alitalia. The new airline is set to be renamed as Alitalia ITA (Italia Transporto Aero) and enter service by 2022....
A state-appointed administrator of Alitalia said that Italy’s flag carrier needed to be nationalized by the country’s government as soon as possible to remain afloat....
The European Union (EU) Commission has approved a grant worth €200 million for Italian flag carrier Alitalia. The aid should resuscitate the airline and help alleviate the consequences of COVID-19. However, financial struggles had tortured the airline long before the pandemic began....
As Italian government proceeds with a restructuring of its long-bankrupt national carrier Alitalia, the company’s new CEO and president are named and plans for the future operations of the airline are laid out, including a purchase of the new aircraft....
The Italian government will take control of Alitalia from June 2020. It expects the coronavirus crisis currently affecting the air transport industry to work in favor of the ailing carrier....
Over the course of its short history, Etihad Airways made a series of investments in various airlines around the world. However, some were less successful than others: but was it a case of a series of unfortunate events or was it a trend?...
Coronavirus touched airlines no matter whether they were small or big. And the countries that these airlines reside in rely on them to provide vital connectivity to the outside world. While the industry has been going towards consolidation and doing more with less, could the COVID-19 crisis change the course of aviation?...
As the potentiality to find a buyer in the context of the coronavirus Covid-19 epidemic is almost null, the Italian government seems ready to re-nationalize Alitalia, according to local media reports....
Alitalia, which has operated under bankruptcy protection since 2017, seemingly can survive everything that anyone throws at it. However, can the breakout of Coronavirus become the final nail in Alitalia's coffin?...
Bankrupt since 2017, Italy’s flag carrier Alitalia was promised a fresh infusion of $400 million in funds earlier in December 2019. But the lifeline could be the state’s last attempt to keep the troubled carrier afloat, media reports now indicate. If the latest grant is indeed the last one that Italy’s government makes, this means that the mid-2020 would be a crucial time for the airline’s survival: it either finds a suita...
_crop.jpg "Alitalia Airbus A319-111")
