Unions voted down recapitalisation plan [Merged future of Alitalia thread]
Jul 13, 2018, 1:48 pm
#616
Join Date: Mar 2005
Location: Paris, France
Programs: Flying Blue Gold
Posts: 760
According to Argentine media, Alitalia is considering adding new frequencies on the FCO-EZE route, going up to 10 weekly flights from current 7. Also, AZ will start bringing the 773 to EZE due to high demand on the route.
I said it before, I'll say it again -- nobody does bankruptcies better than the Italians.
I said it before, I'll say it again -- nobody does bankruptcies better than the Italians.
Jul 13, 2018, 3:22 pm
#617
Join Date: Nov 2012
Location: Los Angeles, CA
Programs: SPG, AA, UAL, Hyatt, Amex Plat
Posts: 38
Article isn't very specific, but one way to ready that is that they are reporting MOM growth, not YOY.
It seems very Italian to report the great success of more people traveling to Italy in June compared to May. ;-)
But maybe those are YOY, in which case, good news!
It seems very Italian to report the great success of more people traveling to Italy in June compared to May. ;-)
But maybe those are YOY, in which case, good news!
Jul 18, 2018, 2:15 am
#618
FlyerTalk Evangelist
Join Date: Mar 2008
Location: Netherlands
Programs: KL Platinum; A3 Gold
Posts: 28,730
And that is exactly how Alitalia reports its figures, too.
Jul 18, 2018, 1:50 pm
#619
Join Date: Jul 2013
Location: AMS/RTM
Posts: 2,827
Here we go again. The Italian transport minister said Alitalia will remain 51% Italian, and they are looking for someone to own 49% and run the airline.
Sometimes I wonder.
Sometimes I wonder.
Jul 19, 2018, 12:54 am
#620
Join Date: Aug 2007
Location: Germany
Programs: Miles & More, Amex
Posts: 678
Who shall invest and run the airline? Too many burned lots of money and credability with this kind of model. By know, everyone should know that being responsible for running the business but having no power to enforce anything does not work - especially with AZ.
Does anyone know how much money is left from the last state loans and if AZ is actaully earning or losing money? EU will surely not accept another state bail-out and the next winter with lower passenger figures, yields and resulting losses are coming for sure ...
Does anyone know how much money is left from the last state loans and if AZ is actaully earning or losing money? EU will surely not accept another state bail-out and the next winter with lower passenger figures, yields and resulting losses are coming for sure ...
Jul 19, 2018, 1:18 am
#621
Join Date: Oct 2009
Location: SJJ/AMS
Posts: 4,647
Who shall invest and run the airline? Too many burned lots of money and credability with this kind of model. By know, everyone should know that being responsible for running the business but having no power to enforce anything does not work - especially with AZ.
Does anyone know how much money is left from the last state loans and if AZ is actaully earning or losing money? EU will surely not accept another state bail-out and the next winter with lower passenger figures, yields and resulting losses are coming for sure ...
Does anyone know how much money is left from the last state loans and if AZ is actaully earning or losing money? EU will surely not accept another state bail-out and the next winter with lower passenger figures, yields and resulting losses are coming for sure ...
G
Jul 19, 2018, 8:11 am
#623
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Join Date: Mar 2008
Location: Netherlands
Programs: KL Platinum; A3 Gold
Posts: 28,730
Both the "deadline" for offers and the "deadline" for deciding, as well as the ending date of the briding loan, have already been extended - in some cases, more than once.
Jul 22, 2018, 3:07 pm
#624
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Join Date: Mar 2008
Location: Netherlands
Programs: KL Platinum; A3 Gold
Posts: 28,730
Just as an FYI, it appears from filings that Delta have made to the DOT that Alitalia will not be part of the new single Transatlantic Joint Venture that DL is trying to build from its existing Skyteam and Virgin Atlantic JVs
Looks like Alitalia will be exiting the TATL JV
So at last Alitalia would be free to dictate their own transatlantic flights - which is something that they had no power to do while chained to DL and AFKL. And which Etihad probably regretted.
Looks like Alitalia will be exiting the TATL JV
So at last Alitalia would be free to dictate their own transatlantic flights - which is something that they had no power to do while chained to DL and AFKL. And which Etihad probably regretted.
Oct 10, 2018, 12:24 pm
#625
Join Date: May 2005
Location: tlv
Programs: AA Platinum, LY Matmid
Posts: 804
I see that this thread has been quiet for almost 3 months. Is there any news on Alitalia's financial position?
Has anyone come to the rescue?
How "safe would it be do book a flight about 6-12 months out
Has anyone come to the rescue?
How "safe would it be do book a flight about 6-12 months out
Oct 10, 2018, 11:43 pm
#626
Join Date: Jul 2017
Location: CGK, BDO, MXP
Programs: QR Gold, WY Gold, TK Elite, EY Silver,
Posts: 464
Some good news and some not so, about AZ
Numbers seem going slightly better:
https://www.reuters.com/article/alit...-idUSL8N1WC4WI
While for a definitive solution, still have a long way to go:
https://www.businesstimes.com.sg/tra...in-rescue-plan
https://www.reuters.com/article/ital...-idUSR1N1VZ01L
With the skills
that actual new "Government of Change" is showing, not sure any good solution can be seen soon
Numbers seem going slightly better:
https://www.reuters.com/article/alit...-idUSL8N1WC4WI
While for a definitive solution, still have a long way to go:
https://www.businesstimes.com.sg/tra...in-rescue-plan
https://www.reuters.com/article/ital...-idUSR1N1VZ01L
With the skills
that actual new "Government of Change" is showing, not sure any good solution can be seen soon
Oct 11, 2018, 2:21 pm
#627
Join Date: Jul 2018
Location: Italy
Programs: Accor Gold, Marriott Titanium, IHG Diamond , Amex Platinum
Posts: 1,484
I think only the Italians can really understand a company as Alitalia ...
after that, I hope Alitalia will be nationalized. I think it’s the only way, not only to survive, but also to have a chance to be a profitable and usable company.
after that, I hope Alitalia will be nationalized. I think it’s the only way, not only to survive, but also to have a chance to be a profitable and usable company.
Oct 11, 2018, 2:21 pm
#628
Join Date: Jul 2018
Location: Italy
Programs: Accor Gold, Marriott Titanium, IHG Diamond , Amex Platinum
Posts: 1,484
Oct 12, 2018, 2:01 am
#629
Join Date: Jul 2013
Location: AMS/RTM
Posts: 2,827
According to this article in Italian (use incognito mode to circumvent paywall), the prime minister suggests that AZ and the railways should offer a combined ticket so that tourists would be able to travel more easily in Italy.
While the idea is not stupid, it seems to point to the re-nationalisation of AZ.
While the idea is not stupid, it seems to point to the re-nationalisation of AZ.
Oct 12, 2018, 2:20 am
#630
Join Date: May 2014
Location: BRU
Programs: BA GGL, TK E (*G), ITA exec
Posts: 4,093
According to this article in Italian (use incognito mode to circumvent paywall), the prime minister suggests that AZ and the railways should offer a combined ticket so that tourists would be able to travel more easily in Italy.
While the idea is not stupid, it seems to point to the re-nationalisation of AZ.
While the idea is not stupid, it seems to point to the re-nationalisation of AZ.
Anyone interested in tickets should have no worry. Unless a "miracle" happens AZ will keep going.