The never-ending saga of ailing carrier Alitalia seems to be close to a new chapter. On Monday, the now-majority stakeholder Ferrovie dello Stato (the Italian state railway company) held a Board of Directors meeting to
Italian media reported this week that the government authority overseeing the future of Alitalia has received a ‘”reserved” purchase offer for the airline from Claudio Lotito, the multi-millionaire owner and chairman of Italian football club
In the midst of its struggles to ensure its survival, Alitalia launched a new transatlantic route on Thursday connecting its hub at Rome’s Leonardo da Vinci – Fiumicino Airport to Washington Dulles International Airport. The
Air Italy has landed on the West Coast, bringing Italian style to Los Angeles from Milan and providing the only nonstop link between the two cities. The inaugural flight from Milan’s Malpensa Airport arrived at
The solution to the never-ending saga of ailing Italian flag carrier Alitalia has been further delayed. The three commissioners now at the helm of the virtually bankrupt airline have officially communicated that the new turnaround
The future of Italian carrier Alitalia is again under the spotlight as it was announced that easyJet is withdrawing from the process seeking to secure the beleaguered airline’s future. The U.K.-based airline was part of
Itay’s flag carrier, Alitalia will begin flights between its home in Rome Fiumicino and Washington Dulles as of May 2, 2019 with five weekly frequencies. The outbound flight AZ618 will depart Fiumicino airport at 9:30 a.m.
The administrators of bankrupt Italian airline Alitalia are considering bids from three interested parties it was revealed this week. As previously reported, the future of the carrier has been subject to continued speculation since a
Italy’s national carrier Alitalia is facing new challenges as the Oct. 31 deadline approaches for the end of the sale process for the airline, which declared bankruptcy in 2017. The deadline for offers was delayed
The plight of Alitalia, Italy’s flag-carrier, would not be breaking news to anyone with even a mild interest in aviation. It’s an airline that has, in the kindest words possible, had a dizzyingly awful financial
The Italian Minister of Industry Carlo Calenda confirmed that the mandate of the Special Administrative Council formed to deal with the Alitalia bankruptcy last year has been extended until October, when a final ruling about
After the excitement of the Italian general elections was over, the future of Alitalia entered a stage of definitions. The commissioners of the extraordinary administration process decided a few months ago to postpone any ruling
The Italian aviation market continues to provide headlines as it was announced on Monday that Sardinian-based carrier Meridiana would be rebranded as Air Italy with fleet expansion plans and a base at Milan Malpensa. The
Alitalia and Aerolíneas Argentinas announced on February 1 the signature of a Joint Business Agreement (JBA), which will allow both airlines to coordinate commercial efforts to provide business and leisure travelers with wider and better
Alitalia today confirmed that it has received seven offers for part or all of the company. The airline entered formal bankruptcy proceedings in May, with the deadline for formal offers to purchase passing on Monday evening.
Ryanair has had a rough several weeks to say the least, driven by continued flight cancellations and a possible pilot strike for the airline. In short summary, the airline recently learned that it will not
Under continued pressure from rivals in the Middle East, as well as global terrorism concerns and low oil prices, Etihad recorded a $1.87 billion loss on $8.36 billion in revenue for its 2016 fiscal year.
On May 2, 2017, Alitalia announced that they had entered administration, and the action was formally approved by their stakeholders and the Italian government. This is the carrier’s third bankruptcy, and it follows a vote