Search found 118 matches

by ticketbuyer
25 May 2023, 10:26
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

Run this article from today's Il Sole 24 Ore through Google Translate to see the latest on ITA
https://amp24.ilsole24ore.com/pagina/AEnOUBXD
It looks like the fat lady is ready to sing
by ticketbuyer
31 Mar 2023, 10:02
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

Press Release from ITA: Rome, 30 March 2023 – The Board of Directors of ITA Airways has approved the business plan already shared with Deutsche Lufthansa AG. Carsten Spohr said yesterday at the A4E Aviation summit in Brussels that the last issue to be resolved was ITA's valuation, suggesting that al...
by ticketbuyer
20 Jan 2023, 08:34
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

Now there is talk of LH offering only 200 million Euros for 40% of ITA. Also for tickets which combine train and plane.
by ticketbuyer
19 Jan 2023, 23:18
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

LH are said to have offered 250-300 million euros for 40% of ITA. The exact figure to be decided according to the value of ITA on the day the deal is signed.
by ticketbuyer
20 Dec 2022, 23:08
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

Lufthansa is frightened by the more than 1,147 labor lawsuits hanging over IIT's head. These are the lawsuits that - between Rome, Milan and some foreign courts - Alitalia employees on redundancy payments have brought. People determined to be hired by the new Italian carrier (which is ITA, in fact)....
by ticketbuyer
20 Dec 2022, 22:43
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

The word on the Via is; Lufthansa is ready to take over a stake of between 40 and 49% of ITA Airways and then increase it at a later time. The Germans could therefore immediately evaluate the performance of the airline, while the Government would maintain control of the carrier. For 40% of ITA, Luft...
by ticketbuyer
28 Nov 2022, 23:06
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

One of the things offered by LH today: Rome Fiumicino would have a strong role for connections with Africa (coordinating with Brussels, which already oversees these routes) Others include: - a greater presence on the rich North American market (thanks to the United partner); - strong integration wit...
by ticketbuyer
27 Nov 2022, 23:20
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

An LH delegation will be in Rome tomorrow and Tuesday to get more information on some aspects under observation since November 16, the day they entered the data room. The meetings will have three major themes. The first: the airline's finances, which have deteriorated and which have led the value of...
by ticketbuyer
22 Aug 2022, 08:46
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

Tomorrow evening yet another deadline expires for the submission of offers for the privatization of ITA Airways. The two consortiums (MSC-Lufthansa and Certares) are refining and defining the offers that they will present by tomorrow evening 22-8-2022 at 23:59. MSC and Lufthansa want to take over 80...
by ticketbuyer
11 Aug 2022, 10:38
Forum: Latest aviation news
Topic: Ryanair (Holdings) in 2022
Replies: 89
Views: 59974

Re: Ryanair (Holdings) in 2022

Ryanair boss O'Leary says the era of €10 flights is over

https://www.bbc.com/news/business-62495846
by ticketbuyer
11 Aug 2022, 10:35
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA Airways

https://www-corriere-it.cdn.ampproject.org/c/s/www.corriere.it/economia/aziende/22_agosto_11/ita-airways-1-semestre-260-milioni-pesano-costo-petrolio-l-assenza-un-alleanza-79c6ca06-18e2-11ed-a928-dd18874affa6_amp.html According to this article in today's Corriere, ITA lost 260 million Euros in the ...
by ticketbuyer
26 May 2022, 20:51
Forum: Latest aviation news
Topic: Wizz Air in 2022
Replies: 49
Views: 38369

Re: Wizz Air in 2022

Hungarian Prime Minister Viktor Orban said that large companies ranging from energy to airlines will have to turn over their “extra profit” to shore up the nation’s ailing budget.
Will this affect Wizzair?
by ticketbuyer
23 Apr 2022, 21:24
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

The Italian government has decided to sell 100% of ITA.
by ticketbuyer
23 Apr 2022, 21:20
Forum: Latest aviation news
Topic: KLM and/or AMS Amsterdam Schiphol Airport - Latest news 2022
Replies: 14
Views: 11093

Re: KLM and/or AMS Amsterdam Schiphol Airport - Latest news 2022

KLM is suffering strikes and is expecting an increase of AMS operational fees by a total of 37% over the next three years.
Maybe we will see a gradual transfer of planes to AF and a slow decline of KLM.
by ticketbuyer
13 Mar 2022, 10:12
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

Leonard Berberi writes it on Corriere.it at the link: https://www.corriere.it/ economy/aziende/22_marzo_11/ita-airways-arriva-proposta-indigo-partners-il-fondo-wizz-air-98a467ce-a0da-11ec-83b4-cf7e2400b5e9.shtml Indigo Partners, the fund that has interests in many low cost airlines: Wizz, Frontier A...
by ticketbuyer
12 Feb 2022, 22:17
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

The future of Ita could again be, as in the past, a battle between Lufthansa and Air France-KLM, albeit alongside other entities such as the Swiss MSC and the American Delta.
by ticketbuyer
28 Jan 2022, 23:46
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

Could ITA, and LH group, be getting into a new business model?
by ticketbuyer
28 Jan 2022, 23:24
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

Gianluigi Aponte said today that synergies with ITA will be sought on the transport of passengers who want to board an MSC ship: "We can offer those who go on a cruise the opportunity to travel with us from home and to return to their home'' Turning to the cargo side, the MSC summit highlighted...
by ticketbuyer
26 Jan 2022, 22:49
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

It seems that shipping company MSC wants to invest between 1.2 and 1.5 billion euros in ITA while LH has said that for now it is mainly interested in a commercial partnership, suggesting that any investment in the capital, if any, will be very modest. Gianluigi Aponte, owner of MSC, an entrepreneur ...
by ticketbuyer
25 Jan 2022, 15:39
Forum: Latest aviation news
Topic: Alitalia saved by the Government and reborn as ITA Airways
Replies: 861
Views: 466984

Re: Alitalia saved by the Government and reborn as ITA

“The Company announces that today it has received an Expression of Interest from the MSC Group and Lufthansa to acquire the majority of ITA Airways,”
And yet again the phoenix rises from the ashes.