Alitalia near bankruptcy. Can it be saved?

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

Post by TLspotting »

brusselsairlinesfan wrote:
10 Apr 2020, 02:51
How could could look the scaled down Alitalia?
Focus on FCO only?
Fleet consisting on 30, 40, 50 planes?
Reduced network, destinations axed?
First news were 30 aircraft out of 134, with 4000 employees out of 11500.
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brusselsairlinesfan
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Re: Alitalia near bankruptcy. Can it be saved?

Post by brusselsairlinesfan »

It seems that AZ and LH are the only ones flying from BRU to FRA and FCO.
Looks like AZ is using an A330 this tuesday? Quite surprising...

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Re: Alitalia near bankruptcy. Can it be saved?

Post by brusselsairlinesfan »

Also I am surprised that no reaction from the unions @ AZ because downsizing from 130 to 30 planes / 11500 to 4000 employees is a huge blow!!!

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Re: Alitalia near bankruptcy. Can it be saved?

Post by TLspotting »

brusselsairlinesfan wrote:
13 Apr 2020, 23:48
It seems that AZ and LH are the only ones flying from BRU to FRA and FCO.
Looks like AZ is using an A330 this tuesday? Quite surprising...
Yes. EI-EJH.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by brusselsairlinesfan »

TLspotting wrote:
13 Apr 2020, 14:14
brusselsairlinesfan wrote:
10 Apr 2020, 02:51
How could could look the scaled down Alitalia?
Focus on FCO only?
Fleet consisting on 30, 40, 50 planes?
Reduced network, destinations axed?
First news were 30 aircraft out of 134, with 4000 employees out of 11500.
Real facts or rumours ?

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

Post by sn26567 »

brusselsairlinesfan wrote:
15 Apr 2020, 02:43
TLspotting wrote:
13 Apr 2020, 14:14
brusselsairlinesfan wrote:
10 Apr 2020, 02:51
How could could look the scaled down Alitalia?
Focus on FCO only?
Fleet consisting on 30, 40, 50 planes?
Reduced network, destinations axed?
First news were 30 aircraft out of 134, with 4000 employees out of 11500.
Real facts or rumours ?
Largely quoted in the press. And the EU said that any state aid to Alitalia should be according to EU competition rules.
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brusselsairlinesfan
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Re: Alitalia near bankruptcy. Can it be saved?

Post by brusselsairlinesfan »

sn26567 wrote:
15 Apr 2020, 10:44
[quote=brusselsairlinesfan post_id=394875 time=<a href="tel:1586911385">1586911385</a> user_id=16783]
[quote=TLspotting post_id=394829 time=<a href="tel:1586780065">1586780065</a> user_id=32263]
[quote=brusselsairlinesfan post_id=394641 time=<a href="tel:1586479902">1586479902</a> user_id=16783]
How could could look the scaled down Alitalia?
Focus on FCO only?
Fleet consisting on 30, 40, 50 planes?
Reduced network, destinations axed?
First news were 30 aircraft out of 134, with 4000 employees out of 11500.
[/quote]

Real facts or rumours ?
[/quote]

Largely quoted in the press. And the EU said that any state aid to Alitalia should be according to EU competition rules.
[/quote]

Still... but with a new Alitalia starting with 30 planes only, I fail to understand why this does not generate much réactions or protests...
Indeed, AZ with 30 planes only would be a blow!

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

Post by sn26567 »

The new state-owned Alitalia starts early June. There will be 90 planes in the fleet, down from 113 but more than expected.

No codesharing with Delta & Skyteam.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by ticketbuyer »

According to Stefano Patuanelli, Italy’s Minister for Economic Development, AZ will leave Skyteam on May 21 and will be looking at different options with regards to alliances. It will have a fleet of about 90 planes with at least 30 per cent long-haul. He also said it is very difficult to see a scenario with zero layoffs

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Re: Alitalia near bankruptcy. Can it be saved?

Post by lumumba »

ticketbuyer wrote:
05 May 2020, 09:36
According to Stefano Patuanelli, Italy’s Minister for Economic Development, AZ will leave Skyteam on May 21 and will be looking at different options with regards to alliances. It will have a fleet of about 90 planes with at least 30 per cent long-haul. He also said it is very difficult to see a scenario with zero layoffs
Looks good.
Hasta la victoria siempre.

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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 »

The tab for the Italian taxpayer is increasing, and not a little: Italy’s government will inject at least €3 billion fresh capital into Alitalia, laying out the plan for the nationalisation of the ailing carrier. The government plans to place 6,622 Alitalia workers on a temporary layoff scheme until October 2020.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 »

Synergy Group of Brazil is still aiming to take over Alitalia and is offering to become the temporary administrator and thereafter form a public-private partnership with the government.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 »

Alitalia is officially out of the transatlantic agreements with Delta Air Lines and Air France-KLM as the “immunity” period ended.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by Passenger »

lumumba wrote:
04 Jun 2020, 18:53
Passenger wrote:
04 Jun 2020, 18:51
lumumba wrote:
04 Jun 2020, 18:30
Another solution would be like Alitalia nationalize or a new state company from scratch but I'm sure they will keep a airline at Brussels Airport.
Italian newspapers report that Margarethe Vestager, the EU Commissioner for Competition, rejects the Alitalia construction.
Let's see what the EU is going to do in my opinion they will just bark and let it go.
EU Commissioner Vestager would like that all airlines compete themselves to death. So she won't allow this zillionth state aid to Alitalia. And contrary to previous state aid, the corona-state-aid-cases must get approval before pay-out.
https://www.aero.de/news-35687/Verstaat ... Kippe.html

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Re: Alitalia near bankruptcy. Can it be saved?

Post by lumumba »

Passenger wrote:
04 Jun 2020, 19:47
lumumba wrote:
04 Jun 2020, 18:53
Passenger wrote:
04 Jun 2020, 18:51

Italian newspapers report that Margarethe Vestager, the EU Commissioner for Competition, rejects the Alitalia construction.
Let's see what the EU is going to do in my opinion they will just bark and let it go.
EU Commissioner Vestager would like that all airlines compete themselves to death. So she won't allow this zillionth state aid to Alitalia. And contrary to previous state aid, the corona-state-aid-cases must get approval before pay-out.
https://www.aero.de/news-35687/Verstaat ... Kippe.html
Time will tell...
Hasta la victoria siempre.

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Re: Alitalia near bankruptcy. Can it be saved?

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Italy may have to review the plan to nationalise and relaunch Alitalia if the proposal does not obtain EU approval. The current plan was deemed as “not acceptable”.
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Re: Alitalia near bankruptcy. Can it be saved?

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Ryanair is ready to file a lawsuit in Brussels for illegal state aid to save Alitalia.
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Re: Alitalia near bankruptcy. Can it be saved?

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Alitalia may acquire some of the assets of Air Italy as part of the imminent establishment of Newco Alitalia, says the government.
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Re: Alitalia near bankruptcy. Can it be saved?

Post by sn26567 »

Alitalia had €240 million in its coffers on 31 May 2020, says the government, who prepares to take over an airline that has burned through cash in the pandemic.

Question: is that 240 million all that's left after the latest cash injection of €3 billion?
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