Italy

New Alitalia Starts To Take Shape

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 much smaller carrier, with maximum […]

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Italian Government Renationalizes Alitalia

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 be split into three units: […]

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European Airlines Cancel Flights to Italy

The United Kingdom flag carrier British Airways has decided to cancel all flights to and from Italy until at least April 4. This follows the decision by the Italian government to implement a country-wide lockdown, affecting all 60 million residents. Italy has seen around 9,000 cases of the COVID-19 with around 450 deaths so far, […]

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Air Italy Reportedly on the Brink of Bankruptcy

Italian airline Air Italy could be fighting for its survival and to avoid an imminent grounding, according to reports by Italian newspaper Corriere della Sera. The carrier, 49 percent of which is owned by Qatar Airways, is expected to report a loss for 2019 superior to the 160 million euros deficit that was reported for […]

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Italian Carrier Ernest Airlines Suspends Operations

Italian low-cost airline Ernest Airlines has announced it will be suspending operations as of Jan. 13, 2020. According to a statement published on the airlines’ website, the Italian Civil Aviation Authority (ENAC) will be suspending Ernst’s Air Operator’s Certificate (AOC) on that date and it will only be restored “following the demonstration by Ernest S.p.A. […]

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Alitalia Needs to Downsize Before Lufthansa Is Ready To Invest

After the November 21 deadline, the eighth deadline during the past two and a half years of special administration, went by without any offer being presented to the bankruptcy administrators, it is back to the drawing board for Alitalia, the struggling Italian flag carrier looking for a way out of its deepening crisis. The market […]

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Flights To and From Italy Canceled Due to National Strike

A significant number of flights to and from Italy were canceled today as the result of a national strike called by public and private sector workers over demands for higher pay and improved pensions and working conditions. Alitalia is reported to have canceled over 250 flights, including some on Thursday night and Saturday morning. The […]

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Alitalia Still Without a Savior, Is the End Approaching?

Another deadline has passed for Alitalia and there is still no indication of a likely solution to the Italian flag carrier’s long-standing troubles. A binding offer that was due to be presented by Oct. 15 on behalf of the consortium led by Ferrovie dello Stato and Atlantia did not materialize due to internal contrasts within […]

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Atlantia to Become Alitalia’s Majority Stakeholder

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 choose among the four non-binding offers that were received for a 40 percent stake in the new Alitalia. Ferrovie dello […]

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