The change of the guard between the historic Alitalia and the newly created ITA as Italian flag carrier is less than a month away, but the situation is far from defined. Alitalia is going through its bankruptcy procedure and will stop flying on Oct. 15; on the same date, the…
Ahead of a recently announced first flight scheduled for Oct. 15, future Italian flag carrier Italia Trasporto Aereo, better known as ITA, officially began ticket sales yesterday. The "new Alitalia" will effectively replace ticket sales of the old company, which has been undergoing bankruptcy procedures since 2017. The purchase of…
The time may have come to say goodbye to Alitalia. The new state-owned company created by the Italian government to replace the chronically money-losing Alitalia is now taking shape and is on track to obtain its Air Operator’s Certificate (AOC) during the week, and after then it will be possible…
After many initial hiccups, Italia Transporto Aereo (ITA), the company that will supersede Alitalia, has had its 2021-2025 business plan approved. According to an article by Corriere della Sera, the company expects to begin operations from Oct. 15 after seven months of discussions between the Minister of the Economy and…
After years of financial trouble and being on the verge of bankruptcy dating back since May 2017, Italian national carrier Alitalia was put under emergency administration by the Italian government after the majority of its over 11,000 employees had voted against job and salary cuts as a rescue plan. The…
There seems to be no slowing down Hungarian ultra-low-cost carriers Wizz Air’s expansion in Europe to consolidate its position in the marketplace as commercial air transport restarts after the pandemic-driven crisis. Last week, the carrier announced its fifth base in Italy. It will add four new Airbus A321neo aircraft to…
Talks between the Italian government and the European Commission (EC) on the future of Alitalia are at a ‘crucial’ stage, according to Bloomberg. The Italian carrier went bankrupt in 2017, and the consortium created to oversee its future strategy, Italia Trasporto Aereo SpA (ITA), has been requested to provide clarity…
Ailing Italian flag carrier Alitalia has hit another bump in the process that was set to see the newly-formed state-owned company Italia Trasporto Aereo (ITA) take over Alitalia's main assets and flight operations and then receive a 3 billion euro ($3.6 billion) fund injection from the country's government. The ITA…
Last Friday a new chapter started in the never-ending story of troubled Italian flag carrier Alitalia when the newly-formed state-owned company Italia Trasporto Aereo (ITA) presented its new business plan to the Transport Commission of the Italian Government. The new company is supposed to take over some of the assets…
