fd728
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Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 6:42 pm

German news channel N24 reports that Alitalia is in the worst financial situation ever and that a shut down is highly possible within the next months.
They report that the organization and management of the troubled carrier is in complete chaos.

FD728
 
mauriceb
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 6:54 pm

2 Options:

1. Government will pump in money
2. AF-KL will take it over.

they won't go...
 
PHKLM
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 6:55 pm

Quoting MauriceB (Reply 1):

they won't go...

 checkmark 

It's the usual stuff.
Again it's the "final attempt" to make Alitalia profitable, and to turn the company in a profitable service oriented airline, backed by a strong international alliance and strong national presence.
Prodi said the company has until January to solve a couple of minor issues, like fleet renewal, ground services, labor-unions, lost market share in domestic market, boosting the image of a reliable SkyTeam partner.

See http://www.unita.it/view.asp?IDcontent=60153 for more information (Italian only).

[Edited 2006-10-10 11:56:33]
 
kappel
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 6:57 pm

Quoting FD728 (Thread starter):
German news channel N24 reports that Alitalia is in the worst financial situation ever and that a shut down is highly possible within the next months.
They report that the organization and management of the troubled carrier is in complete chaos.

This has been the case for years now. Nothing really new, except if they really go under, which I think would be really sad.

Quoting MauriceB (Reply 1):
1. Government will pump in money

EU rules forbid this. Look at Olympic, they have to pay back all the money they received from Greece in the last couple of years...
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fd728
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:03 pm

That's right, this has been the case for years now, but the interesting thing is that they now reported that a conversation between Romano Prodi and a union leader was overheard and according to Prodi's statements, the Italian government is no longer willing to keep Alitalia alive.
 
PHKLM
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:04 pm

Reading the Italian news I found this quote:

«visto che a un maggior numero di ore volate corrisponderebbero maggiori perdite»

Freely translated as: "the more we fly, the more we loose"  Big grin  Big grin

Source: http://www.corriere.it/Primo_Piano/E.../2006/10_Ottobre/10/alitalia.shtml (Italian only)
 
mauriceb
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:12 pm

Quoting PHKLM (Reply 5):
Freely translated as: "the more we fly, the more we loose

Maybe they will be profitable again when the stop flying Big grin
 
fd728
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:23 pm

Yes they lose 50000 Euros per hour. Even though they started restructuring efforts two years ago.
Prodi is now officially sitting together with union members desperately looking for investors who are willing the buy the carrier, probably close it and then restart it with a better cost structure. Interesting to see who is willing to take the chance.
 
JJJ
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:25 pm

Quoting MauriceB (Reply 6):
Maybe they will be profitable again when the stop flying

I recall an article in, IIRC, The Economist a while back (one year or so) where it was said Alitalia's flight operations were profitable, and it was just the enormously bloated ground services that were dragging the whole company.

Is this still true?
 
PHKLM
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:30 pm

Quoting FD728 (Reply 7):
Yes they lose 50000 Euros per hour.

Assuming the January deadline is serious and your number is true, they'd have only € 120M left in the company.
 
georgiaame
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 7:33 pm

Quoting MauriceB (Reply 6):
Maybe they will be profitable again when the stop flying

No, that only applies to American airlines that declare bankruptcy. Alitalia has been on the verge of shut-down/whatever for at least the past 25 years. While it may happen, I'll believe it when I see it.
"Trust, but verify!" An old Russian proverb, quoted often by a modern American hero
 
Knightsofmalta
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 8:34 pm

No offence, but Alitalia is just a joke, honestly. They should finally really shut down the whole operation. Even if they were to become more lean and efficient, which I doubt from a state run enterprise, who would want to fly with them anymore anyway? Alitalia staff go on strike at such regular intervals they've made the whole airline completely unreliable.
 
PHKLM
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 8:35 pm

Quoting Knightsofmalta (Reply 11):
Alitalia staff go on strike at such regular intervals they've made the whole airline completely unreliable.

At least they have a chapter in their printed time-table that tells you which flights will be on strike Big grin
 
Knightsofmalta
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 8:39 pm

Quoting PHKLM (Reply 12):
At least they have a chapter in their printed time-table that tells you which flights will be on strike

How very considerate...
 
LIPZ
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:15 pm

Italy govt aims to strengthen Alitalia, seek partner - sources UPDATE


ROME (AFX) - Transport Minister Alessandro Bianchi said that the government aims to strengthen the troubled state-controlled airline Alitalia SpA, so that it can find a partner, according to sources that attended a meeting between the company's unions and the government.

Bianchi aims to turn Alitalia into 'a strong carrier' focused on its domestic market, which will then have to enter a 'strong' international alliance, according to a source.

During the meeting, Prime Minister Romano Prodi told the unions that the company is experiencing 'the most difficult period of its history,' the source said.

The prime minister added that the situation is out control, it said.

Last week, the daily Il Sole 24 Ore cited a company document in which Alitalia chief executive Giancarlo Cimoli said the airline cannot survive with its current cost structure and the existing industry rules.

The government has already announced plans to present a new business plan for Alitalia within three months.

On the sidelines of talks with the government, Fabrizio Solari, secretary general of the union FILT CGIL, called for immediate government action 'to still be alive in three months' time.'

Speaking at the end of the meeting, Bianchi said the last re-capitalisation of Alitalia had been 'done badly' and didn't help the airline to develop.

Under the new business plan, the government 'cannot give state aid to Alitalia, and we don't want to give any more', he said.

However, funds could be given to the sector, or funds could come from the market, he said.

Bianchi said he hoped Prodi's intervention would lead to greater market confidence in Alitalia and investments by the airline.

Sult union leader Andrea Cavola said the meeting saw a strong request from participants for new management to launch the plan, while Prodi said he would first have to talk to Cimoli.

Cavola said Alitalia couldn't wait three months for the new plan, adding that the company ought not to take 'unilateral' actions, and that such actions will not make 'any truce' possible.

Analysts say that unions refuse to talk directly with management.


http://www.forbes.com/markets/feeds/afx/2006/10/10/afx3078700.html
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:18 pm

Theres also talk of BA being AZ's new partner:

http://www.tg5.mediaset.it/economia/...rticoli/2006/10/articolo2817.shtml

[Edited 2006-10-10 14:18:44]
 
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Revelation
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:23 pm

Perhaps we should rename this thread to "The Never Ending 'Alitalia On The Verge of Collapse' Thread, Part XXIV"...  biggrin 
Inspiration, move me brightly!
 
worldtraveler
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:33 pm

Statistics show that transatlantic capacity from Italy is up more than frmo any other US country.... other airlines smell the blood in the water and are ready to increase their position in the Italian market.
 
desediez
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:51 pm

Does somebody know, which was the last year of profit for AZ (in case it ever occurred)  Confused This is really the slow suicide of a traditional company.
 
commavia
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:56 pm

Anyone want to take a guess as to how long it will take the Italian government to defy the E.U. and bail out Alitalia this time?

Let this thing die, already.
 
jetdeltamsy
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 9:59 pm

Quoting MauriceB (Reply 1):
1. Government will pump in money
2. AF-KL will take it over.

Government take over is most likely, i think.

AF-KL would be smart to let the carrier collapse and then scoop up some pieces that make money, leaving the rest for the scrap heap.

Forgive me, but Alitalia deserves to die. Their employees are extremely disruptive to the company by staging strikes constantly. They fly routes that lose huge amounts of money. Their corporate culture is take-take-take. Givebacks to their employees are considered "not possible". The company, due to its lack of reliability is a terrible Skyteam partner (as is AF).

Eastern bit the dust. So did PanAm and Braniff. Sabena was a flag carrier that died. Why not Alitalia?
Tired of airline bankruptcies....EA/PA/TW and finally DL.
 
DAYflyer
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 10:34 pm

Perhaps Gordon Bethune could take over!

Wouldn't that be something!
One Nation Under God
 
QFSYD744
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 11:18 pm

Quoting Revelation (Reply 16):
Perhaps we should rename this thread to "The Never Ending 'Alitalia On The Verge of Collapse' Thread

 checkmark 

If only Meridiana, and Air Dolomiti were long haul...  wink 

Quoting WorldTraveler (Reply 17):
Statistics show that transatlantic capacity from Italy is up

 checkmark 

Ask Delta, American, Eurofly, Continental, and US Airways!

Quoting Nycfly75 (Reply 15):
Theres also talk of BA being AZ's new partner

??? That is an interesting move.. British Airways, is profitable, and without problems???

Quoting LIPZ (Reply 14):
Analysts say that unions refuse to talk directly with management

UNIONS... Death of anything..

Quoting LIPZ (Reply 14):
Prime Minister Romano Prodi

Prodi... Lets trade him out with Bossi
I Still Call Australia Home
 
MaverickM11
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 11:29 pm

Quoting MauriceB (Reply 1):
2. AF-KL will take it over.

They wouldn't touch that stinking pile with a ten foot pole.

Quoting Commavia (Reply 19):
Let this thing die, already.

Exactly. There is no way to "fix" this other than starting over.
E pur si muove -Galileo
 
b777a340fan
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 11:42 pm

Quoting MauriceB (Reply 1):
2 Options:

1. Government will pump in money
2. AF-KL will take it over.

they won't go...

I doubt it. Seriously, there isn't enough money the italian government can pump in to render Alitalia profitable. The airline is so defunct that the possibility of it going out of the hole is as likely as me going to the moon. Seriously, not happening! AF-KLM would be stupid to save the airline because there isn't any benefit. All the routes served by Alitalia are served in one way or the other by either AF, KLM, or the other members of the Sky Team Alliance. Let's just say I won't lose sleep over Alitalia being grounded.

Quoting Knightsofmalta (Reply 11):
No offence, but Alitalia is just a joke, honestly.

YUP! A joke! When there isn't a will from anyone to see the airline survive, how can it? The employees, the investors, and most importantly, the passengers have all lost faith in Alitalia.
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Tue Oct 10, 2006 11:58 pm

My proposal (obviously a rough summary):

-Shut AZ down for one month (1/15-2/15)

-Fire Everyone and I mean Everyone, especially the Route Planner

-Hire an American or British CEO

-Rehire anyone who is wiling to be non-union

-Exit Skyteam and enter OneWorld (while DL may be a good partner, AF-KL dont give a crap about AZ and never will). BA and IB would be better partners and could pave the way for a BA investment.

-Create a better hub and spoke system. Theres no need for two super hubs (Italian Politics at its worst). FCO should be AZ's main hub with MXP serving a role similar to Manchester's role versus LHR. Open up regional cities to Intl service. DL has captured the VCE-USA market and now is on the verge of flying to Tuscany as well...AZ is surrendering its home turf!!! AZ was left out to dry on USA-NAP and PMO as well.

-Rationalize Fleet: AZ's Domestic and EUro LFs arent good. Dump all the M80s and stick to a short medium haul fleet of A32x and E-Jets. The long haul fleet should be bolstered (some routes like JFK could handle a 773), as this is a cash cow for them.

-Launch a short/medium range product with the JetBlue/Vueling Model (Low cost with frills)

-Launch a better Long Range Product with Sleeper Seats in Business.

I would close Osaka and Newark in favor of service to LAX, YUL, HKG and more service to Brazil.

[Edited 2006-10-10 17:02:15]
 
ushermittwoch
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:03 am

Quoting Nycfly75 (Reply 25):
FCO should be AZ's main hub with MXP serving a role similar to Manchester's role versus LHR.

Hardly a good idea if you consider where the main economic force in Italy is located...
Where have all the tri-jets gone...
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:10 am

Quoting Ushermittwoch (Reply 26):
Hardly a good idea if you consider where the main economic force in Italy is located...

True point, but if you look at history, AZ's big problems really started when they started dual hubs in 1998 with an emphasis on MXP. There were other factors involved in AZ downturn of course, but I see the hub change as one of the main factors. MXP is too close to hubs in France and Germany I feel. FCO is Italy's largest airport in terms of passengers, MXP would do well being #2 as Munich is to Frankfurt and Manchester is to LHR.
 
QFSYD744
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:11 am

Quoting Nycfly75 (Reply 25):
-Hire an American or British CEO

 rotfl  Good way to start WWIII

Quoting Nycfly75 (Reply 25):
-Fire Everyone and I mean Everyone, especially the Route Planner

 rotfl  Union!!!

Quoting Nycfly75 (Reply 25):
-Rehire anyone who is wiling to be non-union

 rotfl  Non-Union, in Italy??

Quoting Nycfly75 (Reply 25):
FCO should be AZ's main hub with MXP serving a role similar to Manchester's role versus LHR.

 rotfl 

You are aware that the money to be made in the Italian market is Milan!

Arent you?
I Still Call Australia Home
 
JJJ
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:11 am

Quoting Nycfly75 (Reply 25):
Create a better hub and spoke system. Theres no need for two super hubs (Italian Politics at its worst). FCO should be AZ's main hub with MXP serving a role similar to Manchester's role versus LHR.

I take it you're from Rome/South, right?

MXP makes more sense to me as an international hub, for one, Milan (and environs) has a bigger economic weight than Rome, which relies more in tourist traffic.

Hubbing at FCO would make a lot of the business traffic originating in Milan to look elsewhere, as routings like MXP-FCO-anywhere in Germany, France or the UK would barely attract any business passenger.

Your suggestion of a JetBlue/Vueling lookalike would also work better based in FCO.
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:14 am

Quoting QFSYD744 (Reply 28):
Non-Union, in Italy??

Now is a good time as any isnt it??? If an AZ employee is given an option, Non union= $$$$$ Union = Dont Eat, Im sure they would choose the nonunion option. Its just going to take some b*lls on the part of the government. Italy privatized Eni, the former 100% state controlled oil company and its now one of Italy's success stories, Im sure they can do the same for AZ.
 
Iberia340600
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:17 am

Quoting Nycfly75 (Reply 25):
Rehire anyone who is wiling to be non-union

Although that would be great...realistically speaking, thats not going to happen. Unions are still quite strong in Europe..accross most of the public sector.
Visca Barça!!
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:20 am

Quoting Nycfly75 (Reply 30):
I take it you're from Rome/South, right?

Family is from Bari, in the south. Basically what I am calling for is better route planning/harmonization. By default all Intl routes should be to FCO, except if an analysis shows MXP would be better (for example MXP-LAX) or can be operated from both (JFK-FCO & MXP). I feel FCO is more centrally located in Italy for long haul traffic to get to connect to other destinations in Italy.
 
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LTU932
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:22 am

Quoting Nycfly75 (Reply 30):
Italy privatized Eni, the former 100% state controlled oil company and its now one of Italy's success stories, Im sure they can do the same for AZ.

So, if Italy could privatise a company and allowing it to become the huge success you mention, then why hasn't the government listened to reason all these years and privatised Alitalia? Is there the prestige issue involved there as well?

This seems to be almost like the OA saga in Greece, only that the airline never got re-branded like OA had to be already twice.
 
QFSYD744
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:25 am

Quoting Nycfly75 (Reply 30):
Now is a good time as any isnt it???

Do you have any idea as to how imbedded Unions are in European and Italian labour?

Quoting JJJ (Reply 29):
I take it you're from Rome/South, right?

 checkmark 

My guess would be Sicilia, Campania, or that other place.. Calabria

Quoting JJJ (Reply 29):
Rome, which relies more in tourist traffic.

 checkmark  Notorious for low yield, and seasonal demand..

Quoting JJJ (Reply 29):
Milan (and environs) has a bigger economic weight

 checkmark  The Golden Arch spans from Torino to Milano to Verona to Venezia..

Quoting JJJ (Reply 29):
Hubbing at FCO would make a lot of the business traffic originating in Milan to look elsewhere

 checkmark  That is why KLM, Air France, British Airways, Air Dolomiti, Lufthansa, Swiss, and Iberia concentrate their Italian service to the north.
I Still Call Australia Home
 
kanebear
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:26 am

Another day, another Alitalia shutdown threat... they've been falling over for, what, five years now??? Longest, slowest, most painful drawn out death ever.
 
nycfly75
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:28 am

Quoting Kanebear (Reply 35):
Another day, another Alitalia shutdown threat... they've been falling over for, what, five years now??? Longest, slowest, most painful drawn out death ever.

Patterns seems to repeat on even years  Silly
 
Bicoastal
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:29 am

Quoting Kappel (Reply 3):
Look at Olympic, they have to pay back all the money they received from Greece in the last couple of years...

I'll believe that when I see it. Enforcement of this "rule" will be delayed until it's forgotten. Too bad, though.
Airliners.net has many forums. It has spell check and search functions. Use them before posting!
 
QFSYD744
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:29 am

Quoting Kanebear (Reply 35):
Another day, another Alitalia shutdown threat... they've been falling over for, what, five years now??? Longest, slowest, most painful drawn out death ever.

Since 1997.... Almost 9 years on now.... Ave Maria!
I Still Call Australia Home
 
ikramerica
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 12:35 am

So since AZ is profitable when flying, then obviously the answer is to stop LANDING!!!
Of all the things to worry about... the Wookie has no pants.
 
Beaucaire
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 1:00 am

I'd like to come back on the potential of Rome versus Mila...
Quote of a report dealing with Fiumicino from 2004..
"According to ACI Europe data for 2003, Fiumicino distinguished itself as the second-fastest-growing of so-called Group 1 airports those with more than 25 million passengers per year outpacing its counterparts of London Heathrow, Paris Roissy Charles de Gaulle, Frankfurt and Amsterdam Schiphol. Only Madrid Barajas did better with a rate of 5.7%. For the first half of this year, FCO reported a passenger increase of 9.4% compared with a weighted average for the Group 1 airports of 7%.

Raimondi believes FCO s recent performance will continue in the future because, We are an airport that has no constraints for development, so we can grow. We have enough capacity we have spare capacity on the runways, we have sufficient terminal capacity and we are investing to increase our terminal capacity. The airport is bordered by the sea to the west and thus has no environmental constraints. To the north and east it has 1,700 hectares of land available for expansion, allowing it to increase its yearly passenger capacity to 60 million and add a fourth runway. Plans are already on the drawing board, Raimondi says. Meanwhile, ADR has received approval from the Ministry of Transportation and the municipality of Fiumicino to expand the terminal capacity to 45 million passengers, a figure the airport expects to reach by 2015."
Unquote

To me Rome has a greater potential than Milan,since Milan has a heavy weather-related handicap( fall and winter fog related flight-anulations..)
I agree that the yields into Milan might be better,but Rome remains an extremely attractive destinations for business and Tourist's while Milan attracts clearly less tourists as Rome .
Making the main AZ Hub in Milan is a mistake for me,since FCO has much better growth-potential tied to the attraction of Rome itself.
Airports like Venice,Pisa ,Bologna and Florence will see more traffic targeting the Tosacana/Emilia Romagna region directly.Lesser tourist will move into Milan ,since it is basically a business and industrial metropol region.
Please respect animals - don't eat them...
 
PHKLM
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 1:09 am

Quoting Beaucaire (Reply 40):
I agree that the yields into Milan might be better,but Rome remains an extremely attractive destinations for business and Tourist's while Milan attracts clearly less tourists as Rome .

You say it yourself: MXP yields are better, so that's where the money is.
Even the Romans shifted their hub away from FCO (to IST in that case), so let that be a 2000 year-old lesson  Wink
 
Ikarus2006
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 1:17 am

QFSYD744,

I think we should keep the politicians out of this discussion especially because if Italy would follow your advise >

"Prodi... Lets trade him out with Bossi"

then instead of one Alitalia we would probably get:

1. Air Padania - with logo looking like the party flag (what was it again? the leaf of an Alpin plant or a Cannabis leaf? ) and based in the Northern Republic of Padania with hub in Milan.
C'mon does this sound serious?  crazy 

2. Air Rome - or something similar based in one of Rome Airports.

Let's keep it simple and let them try to solve the problem of one airline alone, which looks like a huge task already.

My simple idea is: force the people who run the company to learn better about how to manage an airline in a normal market where competition rules the business, not personal interests and government favors.
 
Kevin777
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 1:27 am

Quoting GeorgiaAME (Reply 10):
Quoting MauriceB (Reply 6):
Maybe they will be profitable again when the stop flying

No, that only applies to American airlines that declare bankruptcy

 Big grin  Big grin

Quoting Beaucaire (Reply 40):
I agree that the yields into Milan might be better,but Rome remains an extremely attractive destinations for business and Tourist's while Milan attracts clearly less tourists as Rome

Maybe, but at the end of the day tourists don't make the bottom line black..

Kevin777
"I was waiting for you at DFW, but you must have been in LUV" CPH-HAM-CPH CR9
 
Beaucaire
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 1:59 am

Apparently some Alitalia-trade-union members are losing their brains..


http://www.timesonline.co.uk/article/0,,3-2396173,00.html
Please respect animals - don't eat them...
 
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LTU932
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 2:02 am

Quoting Beaucaire (Reply 44):
Apparently some Alitalia-trade-union members are losing their brains..


http://www.timesonline.co.uk/article....html

What scares me more is that this has already happened once according to the article. Don't they have any respect over anything?
 
sflaflight
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RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 2:03 am

Quoting Nycfly75 (Reply 25):

-Rehire anyone who is wiling to be non-union

Do you know anything about Italy? This is what Italy is about. I hate to say it because I myself am Italian (passport and all) but Even if you hire an American or British CEO, they better get used to a culture that is very pro union and lots of vacation time. You can have all the CEOs from every country you want, but unless that person knows how to handle Italian Unions, all I can say is buona fortuna!!!!!!

PS. I certainly hope they don't shut down anytime soon. I have reservations on them to Milan for Thanksgiving. Let me have my fun, then, shut down (I know I'm selfish)  Wink
 
nycfly75
Posts: 643
Joined: Wed Aug 24, 2005 9:38 pm

RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 2:20 am

Quoting Sflaflight (Reply 46):
Do you know anything about Italy?

Yes I do, In fact I work for an Italian company. My statement is more of what should happen that what will happen. I think you need a movement in Italy away from unions, they are one of the main causes of Italy's lack of growth.
 
ThePRGuy
Posts: 1833
Joined: Thu Aug 10, 2006 10:07 am

RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 2:43 am

OH dear oh dear.
Although I doubt they will dissapear off our radar, me and my mate Robert are going to book asap as we have €250 in courtesy vouchers and don't want them wasted!
Alex
Heathrow has been described as the only building site to have its own airport.
 
mika
Posts: 2810
Joined: Thu Jul 27, 2000 7:53 am

RE: Alitalia On The Verge Of Collapse

Wed Oct 11, 2006 2:45 am

Quoting Nycfly75 (Reply 47):
a movement in Italy away from unions, they are one of the main causes of Italy's lack of growth.

Bad working conditions and salary for your employees will only get you so far, especially in a field where most of your employees have a direct customer contact (read FA's). It will bite you in the a*s sooner or later.

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