Italy bids farewell to Alitalia

Italy bids farewell to Alitalia
Italy bids farewell to Alitalia

Last flight day for Alitalia! The Italian airline with its famous green logo on a white background will disappear this Friday, October 15. At the end of a long history of 75 years, it will be replaced by another more modest entity, named ITA.

The coronavirus pandemic sounded the death knell for a group in great financial difficulty for several years and whose disappearance had become inevitable. Alitalia staff were on the streets earlier this week in Rome asking for government support once again.

Since 2018, to avoid bankruptcy, the company has been placed under state supervision. The company that will succeed him was created after difficult negotiations with the European Commission. ITA, for Italia Trasporto Aereo, will take on fewer than 3,000 employees compared to more than 10,000 currently at Alitalia. Its fleet will be made up of around fifty planes compared to 150 previously.

This new company will be fully public. But barely born, many are already wondering about its viability.

Source

Italy bids farewell Alitalia

 
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