Alitalia Announces New Beginning for Loyalty Program
Alitalia is reviving its MilleMiglia frequent flyer program, with Jan. 1, 2018 being set as the kick off for the “new edition” of the program. The airline announced the news in an email to members in which they added that…
Lufthansa and EasyJet Among Seven Bidders in Battle for Alitalia
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. So far, only Lufthansa and…
Ryanair Continues to Struggle With Labor and Flight Cancellation Issues
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 have enough pilots to fly…
Etihad Reveals $1.87 Billion Annual Loss for 2016
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. Chairman of Etihad’s board, H.E.…
Analysis: Potential Options for Struggling Alitalia
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 in which 67% of workers…