Lufthansa to buy 40% stake in Alitalia's successor ITALufthansa, Germany’s largest airline, is set to buy a 40% stake in Alitalia's successor ITA Airways and a deal could be unveiled next week, reported Bahrain News Agency (BNA), citing Italian daily Il Foglio. More… |
EU approves $84m Italian aid to AlitaliaThe European Commission has approved €73.02 million ($84.4 million) of Italian support in favour of Alitalia, aiming to compensate the airline for the damages suffered on 19 routes due to the pandemic between June 16 and October 31. More… |
EU approves $236m aid to Covid-hit AlitaliaThe European Commission has found Italian €199.45 million ($236 million) support in favour of Alitalia aiming to compensate the airline for the damages suffered due to the coronavirus outbreak. Executive Vice-President Margre More… |
Alitalia adopts Sabre Branded Fares technologySabre Corporation, a leading technology provider to the global travel industry, has announced that Alitalia has implemented its Sabre Branded Fares technology for domestic flights as well as for international short- and medium-haul flights. More… |
Etihad among bidders for Alitalia stake: reportAbu Dhabi-based Etihad Airways is one of around 10 bidders that have shown interest to buy a partial or full stake in the Italian airline Alitalia, said a report. The non-binding bid, submitted ahead of a deadline on Friday, also More… |
Ryanair eyes majority stake in AlitaliaRyanair has reiterated its interest in buying the trouble-ridden Italian carrier Alitalia but only if the company is restructured and if the Irish airline gets possession of a major stake, said a report. Speaking to Italian media More… |
Etihad chief regrets Alitalia staff vote to reject planAbu Dhabi-based Etihad Airways, which owns a 49 per cent stake in Italy's Alitalia, has regretted the decision by Alitalia staff to reject a restructuring plan prosposed by the management. James Hogan, president and chief exec More… |
Alitalia to cut 2,000 jobsAlitalia CEO Cramer Ball has confirmed that up to 2,000 jobs will be cut, which is a 50 per cent reduction in office staff and a 20 per cent reduction in non-flying operational roles, said a report. "Headcount reductions are More… |
Alitalia to cut $1bn in costs; mass layoffs likelyItalian flagship carrier Alitalia has vowed to cut costs by €1 billion ($1.07 billion) over the next three years in a bid to return to profitability by 2019, as Italy’s flagship airline embarks on yet another high-stakes restructuring More… |
Alitalia Engineers graduate from Etihad AirwaysEtihad Airways Engineering has commended four Alitalia graduate managers returning to Italy after successfully completing two years of intensive on-the-job training in Abu Dhabi. Fabio di Casola, Stefania Vullo, Davide Benati and More… |