Alitalia has delivered strong progress in the 18 months since the launch of a major industrial plan to re-engineer the airline to compete effectively on the global aviation stage. The new Alitalia began operations on January 1st, 2015 following a €1.76 billion recapitalisation that saw historic debt wiped out and a €560 million investment by Etihad Airways for a 49 per cent equity stake.
Alitalia is adding more flights between London and Milan introducing a fifth daily service between London City Airport and Milan Linate, central city airport.
Alitalia confirmed today it is on track to become profitable by 2017, as it reduced its losses by €381 million in 2015 compared to the previous year. This important result for 2015 comes as the airline announced its first full reporting year under a three-year turnaround Industrial Plan. After posting total revenues of €3,312.4 million in 2015, Alitalia was able to report a net loss of €199.1 million for 2015, a significant improvement on the €580 million loss recorded in 2014.
Alitalia has unveiled a series of customer service enhancements that will improve the travel experience for air passengers. The national airline of Italy also confirmed that its three-year business plan was on track for profitability by 2017. Alitalia chairman Luca Cordero di Montezemolo and vice chairman of James Hogan earlier revealed the details of a range of new initiatives that will be introduced in the next few weeks.
Costa Cruises and Alitalia, the main Italian airline, have signed a three-year agreement which will see passengers departing Italy welcomed to scheduled and charter flights to reach the ports of embarkation for cruises around the world. The agreement, presented today at Expo Milano 2015, envisages a total of around 100,000 airline seats on Alitalia flights, made available to Costa Cruises in the period 2015-2018.
Italian flag-carrier Alitalia has embarked on the next phase of its evolution as a rejuvenated global airline by introducing a new brand identity, including a fresh new livery, which aims to position the famous airline as a leader in innovative and sophisticated flying, and to represent the best of Italy on the world stage. Leading design consultants Landor were commissioned to create a young and seductive new look to represent the airline’s ambitions, utilising the design elements of the airline’s previous iconic livery, which was also created by Landor in 1969.
Etihad Airways and Alitalia have welcomed Sheikh Abdullah bin Zayed Al Nahyan, foreign minister of the United Arab Emirates, to their joint pavilion at Expo Milano 2015 this week. The airlines are Official Global Airline Carriers of Expo Milano 2015, which takes place under the theme of ‘Feeding the Planet, Energy for Life. A total of 20 million visitors are expected to attend from across the world, with Alitalia and Etihad Airways’ pavilion serving as a highlight of the Expo experience.
One of Europe’s leading carriers, Italy-based Alitalia, has selected Sabre technology to help drive its newly announced ‘Reinventing Alitalia’ modernisation program. Under the long-term agreement, Alitalia will migrate to Sabre’s integrated Software-as-a-Service platform for all critical airline operations, including its industry-leading SabreSonic Customer Sales & Service passenger reservations system.
The strategy for the new Alitalia was unveiled earlier, with an unequivocal commitment by the new executive team and strategic investors to reinvent the airline. Alitalia will introduce new routes, new product and service standards, a new cost management strategy and new branding, as the foundations to build a premium global airline representing the best of Italy.
The first flight of the ‘new Alitalia’ took off today from New York JFK at 01:35 ‘Zulu time’ - the time conventionally adopted by the aviation industry, corresponding to 02:35 Italian local time - and landed in Milan Malpensa at 10.40. The flight was operated by an Airbus A330 aircraft in the Expo Milano 2015 livery branded Alitalia and Etihad Airways, Official Global Carriers of the most important Italian event of the year.
Alitalia and Etihad Airways, the Official Global Carriers of Expo Milano 2015, have announced tickets for the highly anticipated six-month event can be purchased through their websites and contact centres from today. A special early-bird promotion is also underway for Expo Milano 2015 attendees, with a generous discount of 20 per cent available on all tickets purchased before April 2015.
Alitalia and Etihad Airways today announced the completion of all the formalities related to the transfer of air transport operations from Alitalia CAI to the new Alitalia SAI. Etihad Airways has subscribed and paid for the capital increase of €387.5 million for the acquisition of a 49 per cent share in Alitalia SAI.