Alitalia
 

For long years, AZ has been the basket case the italian government would like to throw public money at to make the problem go away for some time but the EU Commission is saying: BASTA (no more). AZ have been allowed 3 last times already, the end result: it's losing € 2 Million/day and the less they operate, less they lose. Very nice, no? :=

Found this ...

http://news.bbc.co.uk/2/hi/business/6905661.stm

The Emirates recruitment team are on standby to fly out to Rome....

Does not matter who is on stand by to fly in. The first thing that needs to be done is for the Italians to step back and accept that may be foreigners know better. Pride usually comes before a fall and it looks like this company may be about to suffer a serious fall :ouch:

I think the days for Alitalia are counted. Basically other airlines were interested, but demanded pretty much free hand, unhindered from labor unions. The Italian government cannot promise that unions accept cuts in labor, actually I would bet they go on strike (seems to be some kind of pleasure for them).

Alitalia gets less attractive each month, and other airlines (Lufthansa, AF-KLM, Airone) are happily cannibalizing its market. The last time I looked its overall revenues were down to one billion per quarter (they publish figures on the net).

And unions will achieve they final goal: 100% spare time for the majority of its members. :ugh:

Italy warns Alitalia faces liquidation if no sale
 

Hmm, I guess Ryanair will soon have a sudden influx of Italian accents on the airwaves.

If Mick couldn't buy Aer Lingus, what price Alitalia. His planes were painted with Arriverdeci Alitalia. What sweet pleasure it would give him. Did he not say he wanted to be the biggest player in Italy (and other parts of the planet as well), and did he not hint at using Aer Lingus's longhaul AOC. Hm??

If Barings was worth only 1 GBP, what price Alitalia for 1 euro.

If you want to drink some beer, you really needn't to buy the entire brewery. So FR or others wouldn't have to purchase an originally-structured Alitalia, they could buy some best parts of a bankrupt (and get some workforce without their labour unions). And still, the Italian market is undoubtedly a very tasty tidbit, don't you think? :p

I had nice GVA-MLN-TLV-ROM-GVA trip with
AlItalia recently and like it very much. What will
happend with my ~6K MilleMiglia points if the company
change hands?

Thanks in advance.

With it's geographic position, worldwide reputation for design, fashion and food, I've always been surprised that the Italians haven't been able to build a world beating airline around their position.

Do they still pick up crews from home in company transport and drive them to/from the airport?

Don't sound like a change of hands...sounds like no hands at all. Your points will join the pile along with Wardair and Worldways. Shame though, lots of super nice people in there that I've met over the years.

Is there a time scale for this liquidation? I've just booked a 10 day holiday with my girlfriend on the 2nd August, might put a downer on things if we cant even get there! I guess theres no way of getting a refund either...d'oh

This airline has staggered on for many moons and might well do so for a bit longer. What seems highly likely is that they will join Sabena and Swiss as carriers that failed to reconstruct themselves for the 21st Century. There is no telling whether it will fold in one week or three months or ...

There will probably be a bid from an Italian consortium hurriedly put together to keep it Italian. The govt will have to decide on the short and long term options, in the same way that they have failed to consider them in the past. :hmm:

Why are the Alitalia staff so intransgent when it comes to negotiation?

Do they really believe that we are still in the heady days of the 80's and 90's when airlines charged the earth and staff could earn a good living?

They need a reality check if they really cannot face the job queue and need to appreciate that since 9/11 most EU carriers have restructured and survived , profitably.

This sounds like the Eastern Airlines showdown where part of their workforce refused new T&C's in the face of bankruptcy - and then lost absolutely everything :rolleyes:
Each to their own, but would be a shame .............

Feel bad for the thousands of Alitalia pilots and crew members. I guess Ryanair, Air One and other local carriers like Eurofly and Myair will pick up the crews as they expand to fill in the void.

I wonder which airlines will pick up the bigger aircraft like the 777s and 763s?

Yes but name me one Italian multinational apart from Fiat (some would dispute even that one)? The problem with the Italian economy in general is that they lack big multinational corps that form the basis of an airline's business travel (look at what happened to Air Canada when Nortel dropped off the face of the earth).
It is one of the big differences with France, which shares its high union membership and reluctance to change but has Total, BNP Paribas, Michelin etc,

admiral ackbar:

Yes but name me one Italian multinational apart from Fiat (some would dispute even that one)?

Pirelli, Barilla, Ferrero?

So who's the Pope going to fly with now??