Italian connections promised by new national airline
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Italian connections promised by new national airline
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Europe is effectively nationalising its airlines - time for Britain to fight back
The free market should dictate aviation s winners and losers, but France and Germany s airline bailouts are blatantly unfair
25 April 2021 • 11:00am
Air France-KLM is now effectively owned by the French government, with no plans forever returning it to the private sector. Lufthansa is partially owned by the German government.
Alitalia is about to be relaunched as a state-owned airline, while the Italian prime minister Mario Draghi is planning to pump up to €200bn of cheap European Union funding into a whole range of ambitious industrial projects. Right across Europe, the state is taking a more active role in industry than ever, protecting its national champions, and creating new ones with barrow loads of cheap money.
Alitalia airline: Hypothesis of the sale
January 15, 2021
Alitalia airline is being sold off bit by bit, one piece at a time. Steps being taken include what is being called a Plan B, the aviation part, along with other such things as having to work with Parliament. Times are rough, costs are high, and revenue is down. Read more for all the details.
To close the Alitalia airline dossier, the hypothesis of the sale in pieces (and at different times) of the company to Italia Trasporti Aereo, the public newco created to relaunch the tricolor carrier, has appeared.
First to take place was the sale of the “aviation” branch and the rental of handling and maintenance services. Then comes the last two blocks purchased in the following months with the approval of the European Commission.