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News about Alitalia

Fly from New York to Rome round trip for $299. Really.

18 January 2007

Imagine flying round trip between New York City and Rome for less money than you’d pay to take a shuttle flight round trip between New York and Boston. Imagine flying your family of four — or any group of four — on a springtime trip to the Eternal City for a total airfare cost of less than $1,200 for the entire group.

This spring, you’ll be able to make that round trip from New York for $299 per person from April 21-May 8 aboard an Italian airline called Eurofly. This promotional airfare might be the lowest per mile in aviation history.

Eurofly has been operating throughout the world for more than 15 years, but it did so in the past as a charter airline for Alitalia. Last year, it began flying the Atlantic for the first time as an independent carrier under its own name, from New York to Italy’s Rome, Bologna, Naples and Palermo, Sicily. The $299 round-trip fare, which will be guaranteed to at least 1,000 passengers, is obviously an attempt by the Italian company to make a big splash, impressing its name on the minds of American travelers.


Lufthansa dismisses report it may bid for Alitalia stake

18 January 2007

Deutsche Lufthansa AG has dismissed as ‘pure speculation‘ a report in the La Stampa daily it is considering bidding for a stake in ailing Italian carrier Alitalia SpA.’This is pure speculation,‘ a Lufthansa spokesman said.

The Italian government has invited interested parties to present bids for a stake of between 30.1 pct and 49.9 pct in Alitalia by Jan 29.

In early December, Lufthansa’s head of marketing and sales, Thierry Antinori, said his company was not interested in taking a stake in Alitalia because the German airline already has a presence in the Italian market.

source: Forbes

Alitalia buyers must make guarantee

31 December 2006

Potential buyers for Alitalia must guarantee the airline’s 18,000 jobs, national routes and the Italian identity of the Alitalia brand, the Economy Ministry said Friday.

The ministry, in a document published on its Web site, said expressions of interest for its stake in the struggling flag carrier must be presented by Jan. 29. Buyers must have minimum capital of 100 million euros ($131.73 million).

The government is seeking an investor or group of investors to buy at least a 30.1 percent stake in the airline as it sells down its 49.9 percent share.

source: Courier Post online

Prodi insists buyer must make full bid for Alitalia

6 December 2006

After weeks of speculation the Italian Government yesterday began the privatisation of Alitalia, the troubled national airline, by announcing the sale of 30.1 per cent of its 49.9 per cent stake.

It attached conditions, however, including an insistence that whoever buys the stake must make a full takeover bid for the whole airline, undertake to keep its logo and national identity and come up with a convincing business “turnaround” plan to salvage the debt-ridden company.

source: Times Online

Air France-KLM begins Alitalia talks

23 November 2006

Air France-KLM Chief Executive Jean-Cyril Spinetta said Thursday the airline recently began talks with Alitalia SpA that may lead to the opening of merger discussions.

Spinetta said merger talks will go ahead on three conditions: a confirmation of Alitalia’s financial turnaround, the assurance that both companies share a strategic vision and the determination of potential synergies from a merger.

source: MSN