Alitalia
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Alitalia
Lufthansa is looking at taking over Alitalia.
Would this be permitted by the EU, given that LH already own Austrian, Swiss, Brussels Airlines, Eurowings etc plus Air Dolomiti in Italy.
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Would this be permitted by the EU, given that LH already own Austrian, Swiss, Brussels Airlines, Eurowings etc plus Air Dolomiti in Italy.
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That would still only give them market share of 16% or so (may be a bit higher depending on Air Berlin outcome), so there would certainly be no block on a takeover based on that level of market share. There would probably be conditions applied in terms of some routes, slots at certain airports, maintenance of connections though, like when IAG took over Aer Lingus.
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Whatever happened to the rumour on here that AZ had sold all their LHR slots and were to up sticks and head to STN?
There were even schedules put on the STN thread at one point.
There were even schedules put on the STN thread at one point.
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From a RNS tonight:
"easyJet has today submitted a revised expression of interest for a restructured Alitalia, together as part of a consortium, consistent with easyJet's existing strategy for Italy.
Given the nature of the process, the content of the expression of interest is subject to confidentiality.
There is no certainty at this stage that any transaction will proceed and easyJet will provide a further update in due course if and when appropriate."
"easyJet has today submitted a revised expression of interest for a restructured Alitalia, together as part of a consortium, consistent with easyJet's existing strategy for Italy.
Given the nature of the process, the content of the expression of interest is subject to confidentiality.
There is no certainty at this stage that any transaction will proceed and easyJet will provide a further update in due course if and when appropriate."
No longer for sale? https://uk.reuters.com/article/uk-it...-idUKKCN1II26S
Alitalia normally operate from Heathrow 2x daily to Milan LIN and 3x daily to Rome FCO. They also fly from London City to Milan LIN 6x on weekdays and 3x at weekends. They requested slots from ACL for 7x daily departures from Gatwick, but were given slots for just 5x weekly flights
About 5 years ago, Alitalia sold their slots to an airline in the UAE and then leased them back. That UAE based airline did a purchase-and-leaseback of Heathrow slots with Jet Airways as well... when Jet went bust, the UAE based airline and Air Serbia had to increase flights to Heathrow to avoid forfeiting the slots under the use-it-or-lose-it rule. Eventually those slots were sold/leased in late 2019 to BA/AA
I'm wondering if Alitalia (or a certain airline in the Middle East) is trying to sell or lease out those Heathrow slots to another airline and we might see Alitalia moves its LHR operations completely to Gatwick
About 5 years ago, Alitalia sold their slots to an airline in the UAE and then leased them back. That UAE based airline did a purchase-and-leaseback of Heathrow slots with Jet Airways as well... when Jet went bust, the UAE based airline and Air Serbia had to increase flights to Heathrow to avoid forfeiting the slots under the use-it-or-lose-it rule. Eventually those slots were sold/leased in late 2019 to BA/AA
I'm wondering if Alitalia (or a certain airline in the Middle East) is trying to sell or lease out those Heathrow slots to another airline and we might see Alitalia moves its LHR operations completely to Gatwick
Last edited by davidjohnson6; 14th Jun 2020 at 22:47.
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All the best to them. With a bit of luck ITA won't end up buying the brand name and they can have a proper fresh start. Alitalia has been nothing but a commercial failure.
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The end for Alitalia. All hail New Alitalia!
Alitalia is ending ticket sales and flight operations from 15 October 15.
Final call for Alitalia (travelmole.com)
Alitalia is ending ticket sales and flight operations from 15 October 15.
Final call for Alitalia (travelmole.com)
From travelmole link
" ITA is owned by the Italian Finance Ministry, which has written off Alitalia's remaining debts and pumped in about €700m in startup funding."
Does anyone know how this is possible ? AFAIR the EU stopped the last attempt by Italy to subsidise Alitalia, and if that were so, how can they now write off undoubtedly significant debts ?
" ITA is owned by the Italian Finance Ministry, which has written off Alitalia's remaining debts and pumped in about €700m in startup funding."
Does anyone know how this is possible ? AFAIR the EU stopped the last attempt by Italy to subsidise Alitalia, and if that were so, how can they now write off undoubtedly significant debts ?
In 2013, I sent a formal protest to the EU Commission
I received a very polite response from the Industrial State Aid case handlers giving a full legal justification as to why they were going to ignore any objections that EU citizens might raise
If the Italian Govt wish to burn their taxpayers' money, why should I make a fuss if the EU as supposed arbiter of what state aid is (or isn't) allowed proposes to do absolutely nothing ?
I received a very polite response from the Industrial State Aid case handlers giving a full legal justification as to why they were going to ignore any objections that EU citizens might raise
If the Italian Govt wish to burn their taxpayers' money, why should I make a fuss if the EU as supposed arbiter of what state aid is (or isn't) allowed proposes to do absolutely nothing ?
Back in the mid 1990's the family flew on Alitalia one summer for our vacation.
Excellent service, and on time. (Not sure if that was an anomaly)
Sorry to see their demise, but the world has certainly changed since then.
Excellent service, and on time. (Not sure if that was an anomaly)
Sorry to see their demise, but the world has certainly changed since then.
Paxing All Over The World
Is anyone counting the 'Relaunches' and 'Debt Write-Offs' since the Treaty of Rome in 1957? 
Last edited by PAXboy; 30th Aug 2021 at 23:23. Reason: Typo
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I’m not sure how accurate it is but I read in 60 years Alitalia only once recorded a profit. Yet she’s still going. And it’s clear the new ITA seems very likely to continue along a similar path.
Alitalia has always suffered from 'Legacy...state owned...overstaffing"' which has never been properly addressed. It was obliged to operate a long haul international network from two major hubs..Milan and Rome......which they did try to address......plus, the likes of Easyjet eating into its domestic network....didn't h elp.
A bit of a losing battle I think.
A bit of a losing battle I think.
davidjohnson6
Because the EU picks and chooses when and what rules they enforce. Look at Germany and France with DLH and AFR. And I’m not a Brexiteer. The U.K. was the only country following EU rules whilst it was a member - this built up resentment.
You also look at Ireland and the Netherlands - two countries that are on a collision course with their EU partners over corporation taxation policy. Is it not meant to be a level playing field?
Because the EU picks and chooses when and what rules they enforce. Look at Germany and France with DLH and AFR. And I’m not a Brexiteer. The U.K. was the only country following EU rules whilst it was a member - this built up resentment.
You also look at Ireland and the Netherlands - two countries that are on a collision course with their EU partners over corporation taxation policy. Is it not meant to be a level playing field?