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Alitalia cuts flights at Malpensa to stem losses

6 February 2008

Alitalia SpA, the state-controlled airline Italy is trying to sell, is cutting flights at Milan’s Malpensa airport because it’s “economically impossible” to maintain two hubs.Alitalia will eliminate unprofitable routes, keeping just three of its current 17 intercontinental flights at Malpensa while increasing traffic at Rome’s Fiumicino airport, the carrier said in a slide presentation on its Web site today. Mounting losses make it impossible to keep two hubs, the company said in the presentation of its summer 2008 schedule.

source: Bloomberg

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