Italy’s ITA takes to skies in ashes of Alitalia



Italy’s brand-new nationwide provider ITA will still utilize Alitalia’s renowned green, white and red logo design as it changes the unsuccessful airline company.

Italy’s brand-new nationwide provider ITA took its launching flight Friday, closing a rough chapter that saw the decrease of the nation’s storied however unfortunate Alitalia after 74 eventful years.

Italia Trasporto Aereo has actually been formed out of the ashes of the loss-making Alitalia, which was put under state administration in 2017 however degraded even more throughout the coronavirus pandemic.

Under an offer concurred with the European Union, the brand-new debt-free endeavor has actually taken control of half of Alitalia’s aircrafts and landing slots—however thousands of personnel are out of a task.

ITA’s very first flight from Milan to the southern city of Bari reached 7:39 a.m. (5:39 GMT), simply hours after Alitalia’s last landing Thursday night in Rome—itself a psychological affair.

“This is considered the last flight of Alitalia,” a solemn Captain Andrea Gioia dealt with travelers, prior to the team were fulfilled by a toast by fellow workers on their arrival at Rome’s Fiumicino Airport.

Alitalia’s renowned green, white and red logo design will not vanish from European skies, nevertheless, as ITA effectively quote to purchase the brand name late Thursday, paying 90 million euros.

Desperate personnel

Launched on May 5, 1947, Alitalia symbolised the financial success of post-WWII Italy, and it ended up being the airline company of option of the popes after Paul VI utilized the provider in 1964.

On the verge of bankruptcy, Alitalia was placed under public administration in 2017, but Italy struggled to find an investor to
On the brink of insolvency, Alitalia was put under public administration in 2017, however Italy had a hard time to discover a financier to take it over.

By the 1970s it was the world’s seventh-largest airline company. But years of subsequent decrease just got worse in current years.

“It is with deep sadness that we witness the end of Alitalia, it was our national flagship, a symbol of the history of this country,” stated Laura Facchini, 47, an Alitalia flight attendant for 20 years.

Like lots of others, she used in vain to be taken control of by ITA, part of the 2,800 individuals hired this year. ITA means to hire 5,750 more workers in 2022, still brief of Alitalia’s overall 10,500 workers.

Facchini, a nationwide delegate of the UGL Trasporto Aereo union, stated Alitalia workers were desperate.

“We don’t have jobs anymore. We were very attached to this company, very motivated, we always had a smile on our faces,” she informed AFP.

Alitalia unions have actually held regular presentations, objecting versus what they call ITA’s proposed “discount contracts”, with wage cuts of up to 20 percent and even 40 percent for pilots.

Alitalia unions have held frequent demonstrations, protesting against what they call ITA's proposed "discount contracts&quo
Alitalia unions have actually held regular presentations, objecting versus what they call ITA’s proposed “discount contracts”, with wage cuts of up to 20 percent and even 40 percent for pilots.

Mission difficult?

On the brink of insolvency, Alitalia was put under public administration in 2017, however Italy had a hard time to discover a financier to take it over.

The scenario was worsened by the pandemic, which grounded airline companies worldwide.

In 2020, Alitalia was losing 2 million euros a day, bring just 6.3 million travelers, compared to 52.1 million at Ryanair and Air France-KLM’s 34 million.

In September, the European Commission okayed to the brand-new endeavor and authorised the injection of 1.35 billion euros ($1.6 billion) of public funds—while excusing ITA from having to repay the state help gotten by its predecessor.

Over the years, the Italian state has actually invested more than 13 billion euros to restore the business, in between recapitalisations and swing loan. Notwithstanding, collected losses reached 11.4 billion euros in between 2000 and 2020.

Alitalia became the airline of choice of the popes after Paul VI used the carrier in 1964
Alitalia ended up being the airline company of option of the popes after Paul VI utilized the provider in 1964.

Competition has actually magnified given that affordable airline companies Ryanair and Easyjet cut costs on short-haul paths and the high-speed train from Rome to Milan lowered travel time by half to 3 hours.

“The big mistake was not to invest in the lucrative long-haul market,” Andrea Giuricin, a transportation financial expert at the University of Bicocca in Milan, informed AFP.

He stated ITA is barely ensured success, having actually taken control of half of Alitalia’s fleet, 52 aircrafts, consisting of 7 wide-body airplane.

“Resisting competition from the giants Air France-KLM and Lufthansa on international routes and from low-cost airlines on the domestic market is a mission impossible,” he stated.

New Italian airline company to remove on October 15

© 2021 AFP

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Italy’s ITA takes to skies in ashes of Alitalia (2021, October 15)
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