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AZ Cuts In Half The Losses (1st Half '10 Vs '09)  
User currently offline777 From Italy, joined Sep 2005, 515 posts, RR: 0
Posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2257 times:

Some good news from AZ.
Losses cut by half compared to the same period of 2009, more pax, more revenue, more customer satisfaction, more punctuality.

Hopefully they are on the right path now.

http://corporate.alitalia.it/en/Imag...%20half%20of%202010_tcm7-39310.pdf

[Edited 2010-08-02 05:57:08]

12 replies: All unread, jump to last
 
User currently offlineBurkhard From Germany, joined Nov 2006, 4397 posts, RR: 2
Reply 1, posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2249 times:

Things have changed to the good. And the first half year wasn't an easy one, thanks to Eeya...

User currently offlinehardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 49
Reply 2, posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2212 times:

Indeed, things have change to the better for AZ, they have been successful in the restructuring, but more needs to be done. The improvement in punctuality is a major step ahead.

Rgs,


User currently offlineLIPZ From Austria, joined Jun 2006, 1075 posts, RR: 0
Reply 3, posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2163 times:

For me AZ needs to expand significantly its long-haul network, which is where they can gain more profit.
Of course they need more long-haul aircrafts to do that, but this is an old story.


User currently offlinehardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 49
Reply 4, posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2161 times:

Quoting LIPZ (Reply 3):
For me AZ needs to expand significantly its long-haul network, which is where they can gain more profit.
Of course they need more long-haul aircrafts to do that, but this is an old story

Not really, LX remains profitable with a very small long-haul network. AZ needs to expand in its niche markets, moves such as opening FCO-GIG or expanding NRT are certainly a step in the right direction.

Rgs,


User currently offlinemikey72 From United Kingdom, joined Oct 2009, 1780 posts, RR: 2
Reply 5, posted (4 years 1 month 2 weeks 5 days 6 hours ago) and read 2136 times:

Good news for LH. I wonder if they can wave their magic wand at British Midland. (Have to be a bloody big wand)

('wuntar' being the operative word)

 

[Edited 2010-08-02 05:51:16]


Flying is like sex - I've never had all I wanted but occasionally I've had all I can stand.
User currently offlineAIR MALTA From Malta, joined Sep 2001, 2501 posts, RR: 1
Reply 6, posted (4 years 1 month 2 weeks 5 days 5 hours ago) and read 2113 times:

Quoting mikey72 (Reply 5):
Good news for LH. I wonder if they can wave their magic wand at British Midland. (Have to be a bloody big wand)

(wuntar being the operative word)

All UK airlines operating from LHR are making losses... Eventually something has to give... There is too much competition at LHR and in the UK in general.

Quoting Burkhard (Reply 1):
Things have changed to the good. And the first half year wasn't an easy one, thanks to Eeya...

Well, Alitalia's ontime performance is not bad. I fly them regularly and I seldom had a hug delay. The only thing I do not like is transfers in Rome between Zone A or B to Zone G or H. It is such a long walk! The onboard services is also minimal.



Next flights : BRU-ZRH-CAI (LX)/ BRU-FCO-TLV (AZ)
User currently onlineMaverickM11 From United States of America, joined Apr 2000, 17507 posts, RR: 45
Reply 7, posted (4 years 1 month 2 weeks 5 days 4 hours ago) and read 1991 times:

Quoting 777 (Thread starter):
Losses cut by half compared to the same period of 2009, more pax, more revenue, more customer satisfaction, more punctuality.

I don't know that that is much of an achievement; I think most carriers have seen a dramatic turn around YOY for the first half of 2010.



E pur si muove -Galileo
User currently offlineLH506 From Ecuador, joined May 2007, 464 posts, RR: 0
Reply 8, posted (4 years 1 month 2 weeks 5 days 4 hours ago) and read 1963 times:

Quoting MaverickM11 (Reply 7):
Quoting 777 (Thread starter):
Losses cut by half compared to the same period of 2009, more pax, more revenue, more customer satisfaction, more punctuality.

I don't know that that is much of an achievement; I think most carriers have seen a dramatic turn around YOY for the first half of 2010.

Exactly my thoughts. There are few airlines not posting a profit in 2010...



NOT FLOWN: 707 717 736/9 764 77L 787 300B2 300B4 345 RJ70/146-100 F27 ATR72 CRJ1/4/10 E120/135/40/95 Q1/2/3 M87
User currently offlinemikey72 From United Kingdom, joined Oct 2009, 1780 posts, RR: 2
Reply 9, posted (4 years 1 month 2 weeks 5 days 4 hours ago) and read 1914 times:

Quoting AIR MALTA (Reply 6):
All UK airlines operating from LHR are making losses...

I have ONE word in reply to that....BANKS..once (if) the City picks up the airlines will pick up...NYC and London are twins...that takes care of BA..the others..i dunno..depends how long we're all skint for ?

The bast*rds won't lend us any money...and we're paying for them. AAAAArrrrrgggggghhhhhh



Flying is like sex - I've never had all I wanted but occasionally I've had all I can stand.
User currently offlineGiancavia From Vatican City, joined Feb 2010, 1366 posts, RR: 0
Reply 10, posted (4 years 1 month 2 weeks 5 days 3 hours ago) and read 1875 times:

Quoting MaverickM11 (Reply 7):
I don't know that that is much of an achievement; I think most carriers have seen a dramatic turn around YOY for the first half of 2010.

Hmm it's not much of an achievement to half your losses.. be more punctual.. gain more passengers.. achieve a better customer satisfaction level and increase revenue all in the space of a year at an airline that has been going through the crapper for as long as anyone can remember??

I think I dissagree 


User currently offlinekonrad From United States of America, joined Mar 2002, 528 posts, RR: 0
Reply 11, posted (4 years 1 month 2 weeks 5 days 1 hour ago) and read 1763 times:

Quoting 777 (Thread starter):
Some good news from AZ.
Losses cut by half compared to the same period of 2009, more pax, more revenue, more customer satisfaction, more punctuality.

That means that despite all the changes they are still burning cash, going a bit slower, though.
Are they any "new" measures foreseen, more cuts or savings, or is everyone happy with the current condition?


User currently onlineMaverickM11 From United States of America, joined Apr 2000, 17507 posts, RR: 45
Reply 12, posted (4 years 1 month 2 weeks 5 days ago) and read 1701 times:

Quoting Giancavia (Reply 10):
Hmm it's not much of an achievement to half your losses..

Compared to last year? Not really considering the return in traffic and yield worldwide. AA reduced its operating loss by almost 75% YOY for the same period.



E pur si muove -Galileo
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