Search found 81 matches

by ticketbuyer
15 Feb 2020, 17:53
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

Off Topic News,
A month ago McKinsey & Company recommended an investment of 400 million Euros in Air Italy to keep it going.
The Aga Khan is head of the Ismaili Muslims who are forbidden to take on any debts they may not be able to repay. This was the case with further investment in Air Italy.
by ticketbuyer
15 Feb 2020, 17:36
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

Alitalia's record flight time aided by Storm Ciara jet stream. Alitalia made record time crossing the Atlantic on 9 February, recording a flight time of six hours and 38 minutes between New York and Rome. The Boeing 777, which took off from JFK airport at 17.18 (23.18 in Italy) on 8 February, landed...
by ticketbuyer
10 Jan 2020, 18:59
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

Latest rumour is that Atlantia, owners of FCO, will take a major stake in AZ. Why? Atlantia risks losing its very lucrative Autostrada franchise because of the collapse of their Morandi Bridge on 14 August 2018,causing the death of 39 people. A lovely Italian style compromise.
by ticketbuyer
10 Jan 2020, 07:47
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

In an official hearing yesterday Gianfranco BattistiHead of Ferrovia Italia, said that neither they or LH had any further interest in Alitalia.
by ticketbuyer
02 Dec 2019, 22:03
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

Alitalia is to receive another 400k Euros to keep it flying.
Still the luckiest airline in the world.

https://uk.reuters.com/article/us-alita ... KKBN1Y626G
by ticketbuyer
07 Jun 2019, 23:52
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

The latest 'savior' of AZ is billionaire Claudio Lotito, owner of SS Lazio. Lotito said 'regarding Alitalia it's work in progress, I can't say more'. Lotito was banned from football for two and a half years in 2006 for his part in the 2006 Italian football match-fixing scandal. Lotito got banned aga...
by ticketbuyer
05 Apr 2019, 10:30
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

FdS have been given an extension until 30 April only to avoid overlap with the EU elections. Incidentally,to illustrate the scale of AZ's problems; LH's withdrawn plan was to take only the flying operation and reduce its staff from 7k to 4k. The maintenance, handling and offices were to be outsource...
by ticketbuyer
31 May 2018, 23:57
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

I am not sure the investigation of the three top managers will help in any way find a solution. The only collateral damage I can see is bringing additional hesitation from any potential/future actor/investor. This is yet another delaying tactic. AZ has a long list of difficult problems, unions, mis...
by ticketbuyer
21 Feb 2018, 21:20
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Can it be saved?

Mamma Mia!
https://youtu.be/hB3fCl0LLG0
Look out Alitalia, Akbar Al Baker is in town.
by ticketbuyer
05 Mar 2017, 22:31
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy. Will it be saved by Etihad?

According to the Italian press Alitalia lost 600 million Euros in 2016 and is currently losing two million a day. It has enough cash to survive until mid-April. The latest plan, to be put forward at a Board meeting tomorrow, is for 2000 staff laid off, an average 31% cut in salary for the remainder,...
by ticketbuyer
29 Jan 2017, 08:49
Forum: Français - Nederlands - Deutsch
Topic: Ondertussen op de website van Alitalia
Replies: 2
Views: 2640

Re: Ondertussen op de website van Alitalia

It's only since the tie-up with Etihad that Alitalia have been able to use correct English.
by ticketbuyer
22 Dec 2016, 23:20
Forum: Latest aviation news
Topic: Lufthansa buying the Etihad shares in Air Berlin and Alitalia?
Replies: 2
Views: 896

Re: Lufthansa buying the Etihad shares in Air Berlin and Alitalia?

I think a LH-AB tie-up would create a German monopoly that would have problems with the EU competition authorities. There has been talk of a LH-AZ deal for a few weeks. At 05.00 this morning(22.12) AZ got a 180 million Euro bail-out. The new business plan is, yet again, to expand long-haul and reduc...
by ticketbuyer
20 Nov 2016, 22:10
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 603
Views: 204165

Re: Alitalia near bankruptcy, to be saved by Etihad

Mamma Mia! It's deja vu again! Alitalia is said to be losing EUR500,000 per day and may have to phase out almost twenty A320-200s while cutting about 2,000 jobs. The decision will be made by the board which will sit soon, maybe this week. Relations between Etihad and the Italian Government are not g...
by ticketbuyer
30 Oct 2015, 22:06
Forum: Latest aviation news
Topic: Ryanair in 2015
Replies: 1125
Views: 196231

Re: Ryanair in 2015

by ticketbuyer
13 Oct 2015, 00:00
Forum: Latest aviation news
Topic: Ryanair in 2015
Replies: 1125
Views: 196231

Re: Ryanair in 2015

This thread is by far the most interesting on Luchtzak and is a reflection of Ryanair's effect on European airlines.
Keep slinging the mud.
by ticketbuyer
07 Oct 2015, 01:09
Forum: Latest aviation news
Topic: Airbus A220 (ex-Bombardier CSeries) news
Replies: 185
Views: 87567

Re: Bombardier CSeries news

Does anybody know how difficult, or easy, it would be to convert the C-series cockpit to the Airbus common cockpit design?
by ticketbuyer
27 May 2015, 08:46
Forum: Latest aviation news
Topic: Ryanair in 2015
Replies: 1125
Views: 196231

Re: Ryanair in 2015

There's an interesting article about Ryanair on CAPA today
http://centreforaviation.com/analysis/r ... wth-226531
by ticketbuyer
26 May 2015, 11:15
Forum: Latest aviation news
Topic: Ryanair in 2015
Replies: 1125
Views: 196231

Re: Ryanair in 2015

https://www.aviation24.be/airlines_press_r ... 7-million/

Ryanair reports net profit for the year to the end of March rose 66% to €867m. Passenger traffic was up 11% to 90.6 million customers, while total revenue rose 12% to more than €5.6bn.