Alitalia near bankruptcy. Can it be saved?

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sn26567
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 13 Dec 2018, 18:47

convair wrote:
04 Dec 2018, 14:44
I hope the saga goes on. There's never a dull moment! ;)
Never a dull moment indeed. Ferrovie dello Stato is working to get easyJet or Delta involved in the rescue of Alitalia. Industry Minister Luigi Di Maio told labour groups that the government aimed to own 15% of Alitalia, and that FS’s due diligence would be completed by end 2018.

Italy’s government is studying the possible direct input of the Treasury in the capital of Alitalia, with any direct involvement from the state to be submitted to the EU for approval.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 07 Jan 2019, 19:16

Alitalia executives will meet with Delta Air Lines managers to discuss a potential transaction, that will involve mainly long-haul flights to the US.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 17 Jan 2019, 21:49

sn26567 wrote:
07 Jan 2019, 19:16
Alitalia executives will meet with Delta Air Lines managers to discuss a potential transaction, that will involve mainly long-haul flights to the US.
Air France, possibly in conjunction with Delta Air Lines, is planning to take a stake in Alitalia.

When will the Italian government finally make a decision?
André
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Re: Alitalia near bankruptcy. Can it be saved?

Post by brusselsairlinesfan » 20 Jan 2019, 22:58

sn26567 wrote:
17 Jan 2019, 21:49
sn26567 wrote:
07 Jan 2019, 19:16
Alitalia executives will meet with Delta Air Lines managers to discuss a potential transaction, that will involve mainly long-haul flights to the US.
Air France, possibly in conjunction with Delta Air Lines, is planning to take a stake in Alitalia.

When will the Italian government finally make a decision?
Mr SMITH wants to make AF-KLGroup the "#1" in Europe so why not?!

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Boeing767copilot » 23 Jan 2019, 14:26

The board of Ferrovie dello Stato (FS) will meet today to make an update regarding the negotiations in progress for the airline Alitalia, especially to be able to assess the status of that with Delta and Air France-KLM and Lufthansa. In addition, the Board of Directors will extend the validity of the purchase offer by one month, bringing the expiration date to February 28th so as to be able to continue...

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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 25 Jan 2019, 19:35

Lufthansa announces that it no longer wants to invest, with the Italian government, in Alitalia. Not really a surprise, after all the non-decisions by the Italian government and the recent involvement of fellow Skyteam airlines.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by cathay belgium » 25 Jan 2019, 19:45

Hi,
Not LH ! AZ is saved haha :)
Not EW pfew..
CXB
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 29 Jan 2019, 10:44

sn26567 wrote:
25 Jan 2019, 19:35
Lufthansa announces that it no longer wants to invest, with the Italian government, in Alitalia. Not really a surprise, after all the non-decisions by the Italian government and the recent involvement of fellow Skyteam airlines.
Err... Is Lufthansa also playing games? The above statement is contradicted in the article hereunder:

https://www.aviation24.be/airlines/luft ... uisitions/

Where is the truth?

Incidentally, did you notice that, again, Brussels is not mentioned as a Lufthansa hub? :evil:
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Re: Alitalia near bankruptcy. Can it be saved?

Post by Vic Diesel » 29 Jan 2019, 11:02

Herr "xxxxx" Spohr should take a deep breath and blend out his Herrenmenschen-attitude: at least Wizz Air, healthy and successful on the markets it serves, has for sure no interest in getting commanded by a bunch of ruthless and soulless technocrats like his kind.
Best regards,
Viktor

(Budapest-born, Vienna-raised, working in Brussels)

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Conti764 » 29 Jan 2019, 13:51

So… Alitalia would be allowed to retain its brand name, FCO hub and maintain independence and FCO would be 'integrated with the other LH hubs FRA, MUC, ZRH and VIE'.

Why the difference? Is AZ performing better than SN was? Doubt it. Is Rome a higher yielding market then Brussels? Very much doubt it.

So why oh whey the hostile approach towards SN and BRU and the velvet gloves for any other potential acquisition? Has Spohr ever lost a highschool girlfriend to some Belgian?

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Re: Alitalia near bankruptcy. Can it be saved?

Post by PttU » 29 Jan 2019, 16:14

Right now it's about acquiring Alitalia. Once that deal is sold, there's plenty of time to change your opinion and give them (and FCO) the same treatment as SN/BRU...

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Re: Alitalia near bankruptcy. Can it be saved?

Post by cathay belgium » 29 Jan 2019, 17:07

Hi,

LH means probably they might keep an 'italian' touch... spaghettiwings... :)

No thx... SN gone is enough for me let Delta deal with the Lega and 5* :p
Hope they will be smarter then our politicians...

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Ansett » 30 Jan 2019, 05:05

Sorry for the «broken record» : for those who were still in two minds, my «broken record» says : if you are not bound by a corporate travel policy, don't fly any of the LH Group airlines anymore, be it for business or leisure, and don't fly via Spohr's declared hubs (FRA, MUC, ZRH, VIE and FCO ???) and try to convince your relatives, friends and acquaintances to do the same 😉

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Re: Alitalia near bankruptcy. Can it be saved?

Post by RoMax » 30 Jan 2019, 07:20

Ansett wrote:
30 Jan 2019, 05:05
Sorry for the «broken record» : for those who were still in two minds, my «broken record» says : if you are not bound by a corporate travel policy, don't fly any of the LH Group airlines anymore, be it for business or leisure, and don't fly via Spohr's declared hubs (FRA, MUC, ZRH, VIE and FCO ???) and try to convince your relatives, friends and acquaintances to do the same 😉
If you think that will help any of the thousands of Belgian employees of the LH group whatsoever, now or in the future or on another matter the future connectivity via Brussels, be my guest... :roll:
Luckiky I'm quite confident there is still a huge difference between the market and its aviation enthusiasts, without trying to be denigrating whatsoever about the latter as I belong to that group myself.

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Passenger » 30 Jan 2019, 07:58

RoMax wrote:
30 Jan 2019, 07:20
Ansett wrote:
30 Jan 2019, 05:05
Sorry for the «broken record» : for those who were still in two minds, my «broken record» says : if you are not bound by a corporate travel policy, don't fly any of the LH Group airlines anymore, be it for business or leisure, and don't fly via Spohr's declared hubs (FRA, MUC, ZRH, VIE and FCO ???) and try to convince your relatives, friends and acquaintances to do the same 😉
If you think that will help any of the thousands of Belgian employees of the LH group whatsoever, now or in the future or on another matter the future connectivity via Brussels, be my guest... :roll:
Luckiky I'm quite confident there is still a huge difference between the market and its aviation enthusiasts, without trying to be denigrating whatsoever about the latter as I belong to that group myself.
Don't worry, RoMax. There are a lot of people working with a competitor airline here, and they love to post stuff like that. "Try to convince relatives, friends and acquaintances not to fly via FRA"??? Quite funny, actually.

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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 30 Jan 2019, 17:40

Delta Airlines plans to spend US$200 million for a 20% stake in Alitalia, with Air France KLM looking for a 20% stake as well, and if the Ferrovie dello Stato converts the bridge loan of €900 million into Alitalia shares, the Italian government could enter with a 15% stake in Alitalia.

That doesn't leave a lot of room for a majority stake of LH...
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Re: Alitalia near bankruptcy. Can it be saved?

Post by convair » 30 Jan 2019, 18:11

I hope the saga goes on for months/years; it's too good to be discontinued now! Any volunteer to number the episodes? :)

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Ansett » 31 Jan 2019, 06:06

Passenger wrote:
30 Jan 2019, 07:58
RoMax wrote:
30 Jan 2019, 07:20
Ansett wrote:
30 Jan 2019, 05:05
Sorry for the «broken record» : for those who were still in two minds, my «broken record» says : if you are not bound by a corporate travel policy, don't fly any of the LH Group airlines anymore, be it for business or leisure, and don't fly via Spohr's declared hubs (FRA, MUC, ZRH, VIE and FCO ???) and try to convince your relatives, friends and acquaintances to do the same 😉
If you think that will help any of the thousands of Belgian employees of the LH group whatsoever, now or in the future or on another matter the future connectivity via Brussels, be my guest... :roll:
Luckiky I'm quite confident there is still a huge difference between the market and its aviation enthusiasts, without trying to be denigrating whatsoever about the latter as I belong to that group myself.
Don't worry, RoMax. There are a lot of people working with a competitor airline here, and they love to post stuff like that. "Try to convince relatives, friends and acquaintances not to fly via FRA"??? Quite funny, actually.
@Passenger : I'm not working for the competition and buy my own tickets both for business or leisure. As to your sense of humour, it's like your "know-it-all" attitude on this forum. It goes nowhere.

@Romax : No, it will not help any of the thousands of Belgian employees of the LH Group, but, with all due respect, in spite of what I wrote, I'm probably more concerned about these employees than CS.
And no, it will not help future connetivity via BRU. Sorry for you that you have not understood yet that SN integrated in EW will become a point-to-point airline (statement clearly made by CS). Say farewell to connectivity via BRU with SN/EW.

As for the rest, I have principles which some people here dont have and who are telling the Krauts, please continue to f***ck us. (sorry for being rude). When someone or a company cheats on me, I say Bye and don't give them my money anymore. It's a question of principle.

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Re: Alitalia near bankruptcy. Can it be saved?

Post by Ansett » 31 Jan 2019, 06:16

convair wrote:
30 Jan 2019, 18:11
I hope the saga goes on for months/years; it's too good to be discontinued now! Any volunteer to number the episodes? :)
You must be watching "Thuis" or "Familie" every evening... :roll:

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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 » 12 Feb 2019, 21:16

Alitalia saga, next episode: Delta Air Lines is considering a move for Alitalia in partnership with easyJet, as Air France/KLM is understood to have backed away from an investment.

Lufthansa is reportedly monitoring the situation closely, ready to jump in at the first opportunity.
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