Alitalia

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 the European Commission. The airline […]

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 situation worsened as the Covid-19 […]

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 be based at Rome—Fiumicino International […]

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 to the EC on aspects […]

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 business plan has raised numerous […]

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 from old Alitalia, which has […]

The process to rescue the fledgling Italian flag carrier Alitalia as a state-owned carrier realized a decisive step forward on Oct. 29 when the newly-formed company founded to take over all the activities from the “old Alitalia” was formally registered, Italian newspaper Corriere della Sera reports. The new company is called “ITA – Italia Trasporto […]

As the airline industry is struggling to cope with the collapse in demand caused by the COVID-19 pandemic, some carriers and trade associations are trying to experiment with possible solutions that could encourage the general public to take to the skies again. After the International Air Transport Association (IATA) said it supported the initiative to […]

Thank you for reading the AGLounge News Podcast Recap. This article gives a brief look at this week’s episode of our news podcast. For our full analysis on each of these stories, you can listen to the AGLounge by Airline Geeks podcast on Spotify, Google Podcasts, or Apple Podcasts. In this week’s episode of the […]

After a decision by the Italian government last March to renationalize Alitalia following a failed series of attempts to find an international partner willing to buy a stake into the struggling flag carrier, no official business plan for the future of Alitalia has been proposed by the team that has been put in charge of […]