Great news, hopefully the deal will fall through completely (although I'm not very hopeful). ITA is not Alitalia. Why should decisions for an Italian airline be made in Germany? ITA should be taken over by the Italian railways and one or two Italian freight operators, to create air-rail-ship synerg...
Jump to post.... . It is the bigger and busier of the two airports (FCO vs. MXP for everything including cargo) ..... uhmmm no sir, cargo is way bigger in MXP than in FCO, about 3:1. AZ left MXP in 2008 and 15 years later we are still discussing MXP as a potential hub for AZ, we should instead discuss FCO as a...
Jump to postaccording to newspapers articles appeared a couple of months ago they are expected to run out of money at the end of 2023 - unless LH decides to put some more money in - so I guess they are trying to cut at least unnecessary expenses?
Jump to postalitalia routinely lie about their results, I would not believe one single word from them that is not written in an official balance sheet. Just to make an example this week ITA's CEO declared that "For the first time in the last twenty years in the Italian flag carrier budget, revenues exceed ...
Jump to postI think this statement is not proven at all, this is only the effect of tens of years of italian government propaganda to justify keeping a hub in rome. When MXP was a hub for alitalia (10 years, 1998 to 2008) FCO was also there as a hub to generate losses, just look at the last 15 years to underst...
Jump to postI partially agree with your analysis Every couple of years, Alitalia, then ITA, receive roughly the same amount of state aid, roughly EUR 400 million. Actually they receive this amount every year, as this is the average level of year losses Going back decades, Alitalia was always an overstaffed, blo...
Jump to postIn my opinion the governement - especially draghi - perfectly knows that the final outcome of this choice can only be a new failure for ITA. So why did they chose so? Beacuse it is not acceptable to see thousands of people protesting in the streets of rome, and that is what would happen if they had...
Jump to postThe protests will happen regardless of the choices made by the Italian government and the outcomes and you're right, the decades long saga of Altialia/ITA are far from over, and this next chapter, if it all comes together, will have very few chances of succeeding. .... Protests have always been the...
Jump to postIn my opinion the governement - especially draghi - perfectly knows that the final outcome of this choice can only be a new failure for ITA. So why did they chose so? Beacuse it is not acceptable to see thousands of people protesting in the streets of rome, and that is what would happen if they had ...
Jump to postBreaking news
Group MSC, cargo shipping and cruises giant, are interested to buy - along with LH - a majority stake of ITA airways, italian press reports
If direct long-haul routes out of Italy made business sense, there is nothing to stop AF, KL, IB, LH, SK or LO from operating long-haul routes out of Italy, as EU bilaterals permit this. As an examply, AF already operated LHR-LAX in the past (with little success), as did BA on CDG-JFK and AMS-JFK. ...
Jump to postLufthansa tried having its own Milan-based short haul airline - they called it Lufthansa Italia (no, not the same as Air Dolomiti). Lufthansa Italia did not last very long https://en.wikipedia.org/wiki/Lufthansa_Italia they did not last because they faced a desperate opposition by alitalia, and ali...
Jump to postAF/KL have looked at Alitalia in the past on more than one occasion and each time concluded it wasn't in their interest to invest or pursue a tri-lateral alliance. In the late 1990s, before AF and KL formally merged, there was a developing AF/KL/AZ alliance and in the end, KL didn't want AZ in. AF ...
Jump to postI mean that is a reason for QR to be even less interested in ITA with how the whole Air Italy thing went, right? IIRC QR wanted to continue with Air Italy, but their European investors had had enough. Which of course meant the airline was dead because QR needed them to keep Air Italy legally Europe...
Jump to postReports that LH Group seeking 15-40% stake in ITA. https://www.aerotelegraph.com/lufthansa-moechte-bis-zu-40-prozent-von-ita-airways-kaufen Interestingly after the US, Italy is the largest foreign market for LH so it would be part of a broader strategy and weaken current Skyteam partners AF/KL and ...
Jump to postfantastic: same alliance, same strategy FCO hub + LIN focus airport, what could possibly go wrong?
Jump to postFCO can be profitable under the new cost structure. Again, the hub works well, there are good markets there. The issue for current Alitalia are the huge overhead costs. they said the same in 2009 and 2015 restructurations yet they continued losing 0.5 billion euros out of 3 billion turnover, why 20...
Jump to post.... Having all that said, I have just two comments: 1) If the hub was in MXP, they would probably have a smaller operation at LIN, with more competition there. That's a very unique market position that no airline can give up. And MXP would be just another European hub... Not loss-making, not great...
Jump to postMakes you wonder if it would cost them less to have tried to save MXP than to have completely cut and suffered the consequences because of it. AZ building a hub at MXP is futile when the key domestic and European routes by competitors are flown from the in city LIN for which customers have a prefer...
Jump to postAnalysis of new alitalia plan by former chief strategist at IAG Robert Boyle
https://www.gridpoint.consulting/blog/another-rescue-plan-for-alitalia
here is another one deluded with LIN and FCO, like AZ. You are repeating the same clichés over and over but alitalia losses in LIN and FCO won't go away, they will stay and they will shrink the company to his death. All of you will finally understand the hard way that you are wrong. I think you mis...
Jump to post... Unless LIN closes (which it won't considering the recent works) MXP will never realise its true potential as a hub and will always play second fiddle to LIN and FCO. Hubs require feed, splitting flights between LIN and MXP means losing out on frequency. Moving everything away from LIN means los...
Jump to postAlitalia had to sustain a costly duplicate operation in Milan. They had to duplicate many domestic and European capital routes from MXP for the sole benefit for connections, while its primary domestic and European capital customers selected to fly from LIN. AZ left MXP 12 years ago yet you are sayi...
Jump to postAlitalia had to sustain a costly duplicate operation in Milan. They had to duplicate many domestic and European capital routes from MXP for the sole benefit for connections, while its primary domestic and European capital customers selected to fly from LIN. AZ left MXP 12 years ago yet you are sayi...
Jump to postWhich means that a great emphasis should have been put on building the transfer business. After all, looking at the state of Alitalia today, we can safely assume MXP hub was not the reason for their continuous troubles. I think you are missing the entire business problem.. Connection traffic by its...
Jump to postI think Miami is being cut because it was a 330 route. All the cities being retained are the 777 routes. The article did say that Alitalia eventually plans to expand back to 106 aircrafts by 2026, so Miami may still eventually come back within the next five years. Thought I don’t know with what air...
Jump to postWhy so bitter? I wouldn't call that bitter, I would call it quite accurate instead. Ah yes because I was right in predicting that IG would fail when everyone, including yourself were very bullish. IG would have survived if they had fallen back to OLB and expanded from there instead of wasting their...
Jump to postCan you explain what Italy getting its act together involves, and how it could result in Ryanair's market melting away in no time? He means when the unions eventually will rule the country then Ryanair will be prevented to operate in Italy and a new company will be established as a merger between A...
Jump to postI wonder what consequences there would be for B6 - EK alliance (especially on the JFK-MXP route). Will this alliance break or will AA reconsider their relationship with EK?
Jump to postI remember having to argue with you about my theory that Air Italy would collapse. I remember too, you are the one advocating a OLB intercontinental hub, how is the project going? That QR wanted to invest further is not true. They did say that in PR-talk to make their failure look good. The Sardini...
Jump to post... Running a hub out of MXP proved not feasible... Nobody ever proved mxp hub not feasible, AZ losses are in FCO and LIN (actually LIN is a contributor of AZ losses) as it was proved when AZ 12 years ago left mxp and their losses never went away. Air Italy i have already explained why their less t...
Jump to postAir Italy tried that and lost tremendous amounts of Qatari money. air italy were overloaded with staff coming from old meridiana thanks to italian magistrates voiding previous downsizing maneuvers. Staff thought themselves as OLB centered airline, not accepting MXP, same thing that happened with ol...
Jump to post.... Finally, the Italian Govt will have to accept Rome not being a hub. they will never accept that, and this is the reason why I agree with the following: .... I expect Alitalia to be in the same situation in 2030 as it is now or bankrupt, with various interest groups preventing any substantial c...
Jump to postMXP is a problem, in that AZ has an outsized presence at LIN, which is much closer to central Milan but can't be expanded or handle long haul. AZ refocused its hub operation around MXP in the 2000s and it didn't work... How can you think mxp is now a problem for AZ when they left it 12 years ago? I...
Jump to postMXP is a good place to situate a mid-haul and long-haul airline, save airports with better ground connections in North-Western Mainland Europe. But I don't consider AZ's image as recoverable in the current climate, and hence I think the best suitor would be a group such as IAG, which wants a presen...
Jump to post... This while Germany has been overly critical of Italy subsidising AZ for just 10% that amount over several years despite Italy's more complex geographical context and barely smaller population. Well AZ got since 2017 1.3B€ non refundable loans, and they are getting in June another 0.5B€ in equit...
Jump to postI perceive you are an Italian taxpayer; I am not. As such, I respect your more vested interest in local taxation. 10 billion euros so far, and still growing, it's too much believe me I can only say from afar, that Neos/Blue Panorama are small, leisure focused carriers with limited capability. They ...
Jump to postIts fashionable and so easy to mock Alitalia and the Italian Govt here on a.net for their dysfunction, but not only is this the right thing do now for the Italian people, I dare say it possibly justifies past actions. In the end, it is in every countries own strategic interest to have a carrier tha...
Jump to postNot sure but it looks like it Abu Dhabi with an 8000 flight number a week ago and has sat there since, which to me suggests that the Lessor found a new customer for it. They recently (in the past couple of days) announced that they are returning 2 A330-200 and the sole 77W to Ethiad or to a lessor ...
Jump to post.... Still, as mentioned upthread, "Comair" might be an option -- administrator might be going to the government from time to time, hat in hand, asking for emergency cash to keep lights on. On the one hand, the can is kicked down the road. On the other, fleet draw-down is proceeding, and ...
Jump to postReturning to AZ: Gvt prefers to give bridge loan over bridge loan to AZ because it will be, in the end, less costly and less disruptive to Italy's macroeconomics than a mass of 5.000 workers being fired (and receiving social welfare) + satellite companies shutting down. The problem with your argume...
Jump to postit looks like the EU eventually ran out of patience, according to La Repubblica they will allow the government maximum until Christmas to find a solution, or else...
Jump to postLink in Italian only: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.milanofinanza.it/amp/news/alitalia-ecco-il-piano-segreto-del-governo-per-la-vendita-201911231722445557&ved=0ahUKEwjcg9_a5IDmAhXP_qQKHd_SCN4QyM8BCCgwAA&usg=AOvVaw2hafXHc7yWlnDFVvoUQwqJ&cf...
Jump to postI vote to change the country trying to cancel the "gooders, hypocrites, radical-chic" that for too many years ruined Italy. So you vote to change Italy yet the party you voted wants to go on subsidizing Alitalia? Where is the change exactly? My opinion about Alitalia is that this shameful...
Jump to postcrazy wrote:As Italian i don't agree with some countrymen.
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But i don't think Alitalia is a responsibility of us taxpayers..
In my opinion Alitalia problem is a fully political one. People in Italy have a certain idea of themselves, they see in a certain way their country, and they see Alitalia doing certain things and not other. Politicians as a consequence pursue the same failing idea, I mean all of them, government and...
Jump to posthttps://www.aerotime.aero/rytis.beresnevicius/24079-qatar-airways-latam-stake-considerations
QR want to raise their stake in LATAM. Are they going to clash with DL?
https://www.qatarairways.com/en/press-releases/2019/October/LATAM.html?activeTag=Press-releases# This is unexpected, QR are expanding codeshare agreements with LA despite Delta. What does that mean? It means LATAM will obviously continue partnerships with external airlines. of course I can understa...
Jump to posthttps://www.qatarairways.com/en/press-releases/2019/October/LATAM.html?activeTag=Press-releases#
This is unexpected, QR are expanding codeshare agreements with LA despite Delta. What does that mean?
If AA really wants to tweak DL’s nose - there’s just the CEO who maybe looking for a change himself rather soon - hire Akbar Al Baker from QR. The CEO of a US airline must be a US citizen. Actually AA don't need to hire him, they just need to accept QR as a stakeholder. LATAM would have not been st...
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