Hi guys,
I just read in a newspaper that the Italian Government just named a sole administrator to try to save Alitalia. It grabbed my attention that Alitalia is operating under the bankruptcy law since 2017 and that it hasn't made a profit since 2002.
I wonder what are the main reasons why Alitalia is having such a hard time to survive. It has a dominant position at the Rome and Milan markets but it seems that it can't take full advantage of it. I know that now the competition is very strong, but other European flag carriers have faced similar problems and they managed to survive and make a profit.