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 concerns by the European Union which needs to make sure strict conditions are in place for the new cash injection not to be considered state…
Already with eyes on a rolling demand recovery this year, this week Italy's newest airline — EGO Airways — launched its initial network. From March 25, Milan-headquartered EGO Airways will serve six domestic destinations, adding three more from June 4. Tickets are already for sale on the airline's website. In…
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…
Romania's Blue Air has announced that it will strengthen its strategic position in Italy with new routes and additional flights to Turin, Italy starting September 2020, the airline announced in a press release. The airline is slated to enhance its operations in Italy by deploying an additional aircraft to its…
The largest low-cost carrier in Europe has been told it may face restrictions or even a ban on its flights to Italy should it be found to flout safety rules relating to COVID-19. Irish carrier Ryanair has been specifically mentioned by Italian authorities over its apparent failure to follow rules…
The new life of Alitalia as an again-state-owned carrier has not even started yet, and there is already a bump in the road ahead for the Italian flag carrier. The European Union Commission Vice President Margrethe Vestager appears to be inclined to reject the plan proposed by the Italian government…
Italy-based Alitalia has announced a significantly increased schedule for the month of June, in comparison to what the airline operated in May. June’s schedule tentatively consists of 36% more flights than May and a return of trans-Atlantic flying. In total, 30 routes will be flown between 25 separate airports, including…
After its original decision in March to re-nationalize the Italian flag carrier, Alitalia, the Italian government has taken all the necessary steps to transition all the assets into the new company that will be owned by Italian taxpayers who, during the past 12 years, have injected over 7 billion euros…
After the decision by the Italian Government to renationalize Alitalia due to the current crisis caused by the COVID-19 pandemic, a few details are starting to surface concerning the future shape and size of the newly re-formed Italian flag carrier. The first rumors leaked from governmental sources were suggesting a…
Troubled flag carrier Alitalia will become once again a state-owned airline as a result of a new decree signed on Monday by Italian Prime Minister Giuseppe Conte as part of a relief package to support the economy in a country hit hard by the COVID-19 pandemic. Alitalia was supposed to…
