9 JANUARY 2017
BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.
The Business Travel News
PO Box 758
Edgware HA8 4QF
+44 (0)20 8952 8383
© 2018 Business Travel News Ltd.
Further development of Alitalia’s long-haul network was signalled by the airline’s board last month as part of the second phase of the company’s business plan following approval of further short-term funding. Alitalia said the cash injection would allow the management team to begin negotiations this month and next with key stakeholders including unions to seek their backing for cost-reduction measures.
The company said this would be aimed at “securing long-term support from the shareholders and the financial institutions with the aim to secure sustainability for the airline. CEO Cramer Ball said: “The next two months are critical.”
Along with work on the long-haul network, the business plan includes reworking the narrow-body business; reducing costs and improving productivity to match competitors; re-evaluating joint venture agreements, and deepening existing airline partnerships and looking to add new commercial relationships.
Alitalia has already announced changes to its European operations from 1 February including cancelling flights between Fiumcino and Bucharest and between Fiumcino and Valencia, and reducing the Rome – Marseille service from 10 a week to four and Rome – Moscow flights from two a day to one.
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum
No one has commented yet, why don't you start the ball rolling?