21 OCTOBER 2013


Readers are invited to add their comments to any story. Click on the article to see and add.


BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.


Email this Page

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
© 2019 Business Travel News Ltd.

Article from BTNews 21 OCTOBER 2013

Alitalia woes

The future of Alitalia is far from secure with Air France (AF) now having second thoughts over future investment and International Airlines Group (IAG), the combined British Airways and Iberia, saying that the fresh capital injection is illegal. (See last week’s BTN)

IAG, Europe's third biggest airline group by market value, said that the rescue breaks European Union rules. "We have always been opposed to state aid", said a spokeswoman.  "It's protectionist, undermines competition and favours failing airlines that have not got to grips with economic reality".

"We would urge and expect the EU Commission to take interim measures to suspend this manifestly illegal aid", she added.

In Brussels the Commission says it waits to hear from Rome.  "Only after receiving the notification will we be able to assess its compatibility with EU state aid rules", said Antoine Colombani, EU Commission spokesman for competition policy.

AF is the largest of 21 shareholders, all of whom have a verbal, if not voting, share of the airline.  From a strategic point of view its continued lead interest is vital for Alitalia’s future. www.alitalia.com

Index/Home page

OUR READERS' FINEST WORDS (All times and dates are GMT)

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?

Add your comment

First Name
Email Address
Company (Not obligatory)
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.