Winter 2021 PICTURE: farewell Alitalia, welcome ITA...

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Winter 2021 PICTURE: farewell Alitalia, welcome ITA...

Post by Stratofreighter »

Picture :?: ... 1172627465
Italy’s ITA Creates A Special Livery Ahead Of Its Launch On Friday
Parked in Shannon, Ireland, this first aircraft of the Italian airline, an Airbus A320,
will have the words “Born in 2021”
and “Operated by ITA” painted onto the fuselage. ... 021-10-14/
October 14, 2021
7:18 PM CEST
Last Updated 14 minutes ago

Alitalia dies after 75 turbulent years, hands over to ITA

Alitalia, a one-time symbol of Italian style and glamour
brought low by economic mismanagement,
will operate its last flight on Thursday after 75 years,
before handing over to its downsized successor Italia Trasporto Aereo (ITA).

The traditional choice of popes, prima donnas and Italy's political elite,
Alitalia has been run by state-appointed administrators since 2017
to avoid being liquidated.

A night flight from Sardinia's capital Cagliari due to land in Rome at around 2100 GMT
will mark the final bow for the airline founded in 1946,
after a dizzying succession of restructurings and changes of ownership.

The company has ended only one year in the black this century
and the government has run to its rescue many times, s
pending more than 8 billion euros ($9.27 billion) just in the last three years.

After seeking to sell Alitalia to private investors,
in 2020 Rome surrendered to the disastrous consequences of the pandemic for the airline sector
and decided to create ITA from its ashes.

The new carrier, in which the government will invest 1.35 billion euros over three years,
will start with 52 jets and 2,800 employees,
compared with around 110 aircraft and a workforce of 10,000 for Alitalia.

Under a deal negotiated with the European Commission,
there must be clear discontinuity between Alitalia and its successor,
and the new carrier needs to be profitable by the end of its 2021-2025 business plan. ... 021-10-14/
:roll: :loud: :|
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