Alitalia – Ratings and Reviews

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Full Review (Alitalia)

Alitalia aka Compagnia Aerea Italiana is an Italian air company, operating as Alitalia. It is the flag carrier and national airline of Italy, which took over the name, the landing rights, many planes and some other assets from the liquidation process of the old Alitalia Linee Aeree Italiane and the entire Air One.

January 13, 2009 will be remembered in the history of Italian air transport as the date when a new flag airline started operations. On that day, Air One and Alitalia began the process of merging their networks, their fleets and their whole administrative and commercial structure.

The company has its head office in Fiumicino, Italy. Its main hub is Leonardo da Vinci-Fiumicino Airport, Rome. Alitalia is Italy’s biggest airline, and the world’s 19th.The name “Alitalia” is an Italian portmanteau of the words ali (wings), and Italia (Italy). Facing bankruptcy, the loss of a major fuel supplier, and a possible grounding by Italy’s civil aviation authority, the airline announced a €500 million rescue package which includes a

€75 million investment by the Italian state-owned postal operator.

In 2008, a group of investors made the “Compagnia Aerea Italiana” (CAI) consortium aimed to buy the bankrupt Alitalia Linee Aeree Italiane (“old” Alitalia) and to merge these with Air One, another Italian carrier.

On 30 October 2008 CAI offered €1000 million to acquire parts of the bankrupt airline, amidst pilots’ and flight crew members’ opposition to labour agreements.

On 19 November 2008, CAI’s offer was accepted by the bankruptcy administrator of Alitalia with the permission of the Italian government, at the time major shareholder of the bankrupt airline. Alitalia’s profitable assets were transferred to CAI on 12 December 2008 after CAI paid €1052 million, consisting of €427 million in cash and the assumption of responsibility for €625 million in Alitalia debt.

On 13 January 2009 the “new” Alitalia re-launched operations. The owners of Compagnia Aerea Italiana sold 25% of the company’s shares to Air France-KLM for €322 million. Air France-KLM also obtained an option, subject to certain conditions, to purchase additional shares after 2013.

In January 2010, Alitalia celebrated its first birthday since the relaunch. It carried 22 million passengers in its first year of operations. In 2011, 25 million passengers were carried.

On 1 February 2010, it was announced that Alitalia crew would go on a four hour strike over wages. This was the first strike action for Alitalia since the relaunch.

On 11 February 2010, Alitalia announced that, starting from March 2010, it would be using Air One as a low-fare airline (“Smart Carrier”), with operations based in Milan Malpensa Airport, focused on short-haul leisure routes. It was predicted that the subsidiary would handle 2.4 million passengers by 2012. In 2011, 1.4 million passengers were carried by the subsidiary. Although operations were initially to be concentrated at Milan Malpensa, Air One operates from four bases as of January 2013 – Milan-Malpensa, Venice-Marco Polo, Pisa and Catania.

On 12 February 2011, information was released about a possible merger between Alitalia and Meridiana Fly, another Italian carrier, however the airlines are still independent as of March 2012.

On 25 January 2012, Alitalia signed memoranda of understanding with two other Italian airlines, Blue Panorama and Wind Jet, and said to have started processes “aimed at achieving integration” with them.

By the end of July 2012, the Italian antitrust authority granted Alitalia, to acquire Wind Jet, but in return Alitalia had to give up slots on domestic key routes. Faced with this, Alitalia cancelled the plans a few days later in August 2012.

On 28 February 2012 Compagnia Aerea Italiana (CAI), a consortium that bought all the profitable activities of the old Alitalia and Air One in 2008,holds a 75% stake in Alitalia, while Air France-KLM holds the other 25%. On October 2013, the state-owned postal service Poste Italiane announced to buy a 15% Alitalia’s stake, by injecting 100 million euros into the company’s equity and allowing the following capital increase of 300 million euros. 2010 was an “uphill struggle” for Alitalia, whereas a break-even was almost achieved in 2011, despite the difficulties arising from high fuel costs and recent regional troubles in Japan and North Africa. Alitalia has said in a press release that the prospects for 2012 were “challenging.”

Alitalia, including flights operated by its subsidiary Air One Smart Carrier, serves 98 destinations in 44 countries (at September 2013). Alitalia’s Hub is at Rome Fiumicino Airport, and six other Italian airports are focus cities. Air One’s operating bases are at Milan Malpensa Airport, Pisa Airport and Venice Marco Polo Airport.


 

Quick Review (Alitalia)

Founded:            2008 (as Compagnia Aerea Italiana)

Commenced:    13 January 2009

Hubs:                    Leonardo da Vinci-Fiumicino Airport (Rome)

Focus cities        Catania-Fontanarossa Airport, Linate Airport (Milan), Malpensa Airport (Milan), Turin Airport

Airport lounge:                Club Freccia Alata, Welcome Air One, SkyTeam Elite

Alliance:              SkyTeam

Subsidiaries:      Air One, Alitalia City Liner

Fleet size:           132

Destinations:     97

Headquarters:  Fiumicino, Italy

In Nigeria:          Alitalia Airlines Sapetro Towers Plot 98, Adeola Odeku Str. Victoria Island, Lagos State, Nigeria

Phone:                 +234 1 2701385 , +234 1 2705709 , +234 1 2705709

Fax:                       00234-01-2705720

Website:              www.alitalia.com