Flight from Cagliari to Rome will be the last for the largest airline ITALY ALITALIA, writes Euronews. The company will cease to exist due to bankruptcy.
Italian airline could not cope with the consequences of coronavirus restrictions and closure of borders. Since 1974, Alitalia received 13 billion euros from the state. Its place will be engaged in ITA (Italia Trasporto Aereo), created by the decision of the Italian government. From October 15, ITA will start performing flights.
A new carrier will get from the predecessor of 52 aircraft (45 medium-haul and seven far-haul) and 2.5 thousand employees. The company’s management plans to reduce the number of employees and their salary. The company’s plans to open range farms and fly to New York, Tokyo, Boston, São Paulo and other cities.
Alitalia was created in 1946. Since 1999, the company has worked at a loss. In 2017, she moved under external management, but she could not find an investor. At the end of August 2021, the termination of flights from October 15 was announced.
According to analysts, against the background of a decrease in the number of flights due to coronavirus, European looices found themselves in a more profitable position compared to major air carriers, since passengers began to save more. Ryanair and Wizz Air Loicers rose from the beginning of the year, while the paper of large competitors International Airlines Group (IAG) and Lufthansa went into minus.