Aviation Strategy

Can FS make Alitalia
run on time? — May 2019

Two years ago Alitalia ran out of cash and was put into short-term emergency administration, getting a government loan of €900m to be repaid within six months. The idea was to allow the administrators the time to find a buyer for the flag-carrier. The period of special administration has been extended several times and now is due to expire at the end of June. Meanwhile this month, various unions staged an industry-wide 24-hour strike causing an irritating level of flight cancellations. Ostensibly this was to protest at the lack of progress in securing a future for Alitalia; it could also have been because this is Italy and it was May. ……

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