Search found 89 matches

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by spannacomo
Thu Aug 22, 2019 7:52 pm
Forum: Civil Aviation
Topic: Air Italy Reports Losses Of €164 Million in 2018
Replies: 56
Views: 8737

Re: Air Italy Reports Losses Of €164 Million in 2018

+1. And let's not forget MXP's longhaul catchment area includes Torino/Genova/Verona/Bergamo/and across the border Ticino. Have you ever even tried to go from any cities you mentionned to MXP? It's much easier, reliable, comfortable to take a flight from any of the cities you mentionned to OLB and ...

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by spannacomo
Thu Aug 22, 2019 11:51 am
Forum: Civil Aviation
Topic: Air Italy Reports Losses Of €164 Million in 2018
Replies: 56
Views: 8737

Re: Air Italy Reports Losses Of €164 Million in 2018

Air Italy was created out of the remnants of Meridiana under the assumption that AZ would fail. That has not happened. Are you aware Alitalia could not even reach the winter season? Money are running out and the government just fell down, making it impossible to rescue the company. Even if they man...

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by spannacomo
Wed Aug 07, 2019 2:25 pm
Forum: Civil Aviation
Topic: LCY / Hard Brexit consequences
Replies: 70
Views: 9480

Re: LCY / Hard Brexit consequences

As an FYI, the restrictions on flights to LIN are not an EU regulation. That rule comes from the Italian government so treaties between the EU and the UK don't really matter. This has to be a bilateral agreement between the UK and Italy on access to LIN. AFAIK, it is a local decision to regulate tr...

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by spannacomo
Tue Aug 06, 2019 11:54 am
Forum: Civil Aviation
Topic: LCY / Hard Brexit consequences
Replies: 70
Views: 9480

Re: LCY / Hard Brexit consequences

Also Alitalia and BA operate LHR-LIN and easyJet LGW-LIN. So will all that be cancelled? London-LIN is about 1 million PAX/year. Busiest city pair on par with Paris-LIN. of course they will be canceled, unless EU and UK will make a deal. But there will be a grace period of one year when they can st...

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by spannacomo
Mon Aug 05, 2019 5:19 pm
Forum: Civil Aviation
Topic: LCY / Hard Brexit consequences
Replies: 70
Views: 9480

Re: LCY / Hard Brexit consequences

flights from LIN to LCY will stop after brexit because you can only fly to EU from LIN. That means 6xAZ and 4xBA will stop.

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by spannacomo
Sat Jul 27, 2019 1:47 pm
Forum: Civil Aviation
Topic: Milan Linate airport closes 27/07/19 for three months
Replies: 15
Views: 3708

Re: Milan Linate airport closes 27/07 for three months

I tell you more, once AZ have disappeared LIN will become a LCC airport, not very different from BGY. I don't think so. Due to it's convenient location right next to the city center, Linate will always remain a premium airport. Kind of like London City, just slightly bigger but in a similar role. F...

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by spannacomo
Sat Jul 27, 2019 8:50 am
Forum: Civil Aviation
Topic: Milan Linate airport closes 27/07/19 for three months
Replies: 15
Views: 3708

Re: Milan Linate airport closes 27/07 for three months

LIN is also getting a direct metro line connection, which will make it even more convenient to reach from all over Milan. People will keep on preferring flying out of LIN instead of MXP as long as they have that choice. Sorry but this is a fantasy. I accept there are some people who prefer flying f...

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by spannacomo
Sat Jul 20, 2019 8:47 am
Forum: Civil Aviation
Topic: Trump Hosts Meeting b/w QR and the U.S. Carriers
Replies: 135
Views: 15948

Re: Trump Hosts Meeting b/w QR and the U.S. Carriers

At the end what is emerging is that this brainless campaign against QR/IG was conceived by AA and UA while DL was in only because it suited them, but they do not care enough to face a meeting with their counterparts in front of the president. It is no coincidence that the best managed company is the...

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by spannacomo
Fri Jul 19, 2019 8:28 am
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

bennett123 wrote:
With a 15% share how much influence will DL have?.

not enough to prevent another failure

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by spannacomo
Sun Jun 30, 2019 3:10 pm
Forum: Civil Aviation
Topic: EU warns US that any action against Air Italy would constitute a violation of the US-EU Air Transport Agreement
Replies: 44
Views: 9458

Re: EU warns US that any action against Air Italy would constitute a violation of the US-EU Air Transport Agreement

My view is that TATL market has dangerously become a cartel up to a point where a minimum new competitor entrance threat - no matter how small it can be - is upsetting the market, at least the US side of it. Nothing else can explain the US3 overreaction and the level of lies used to induce the US go...

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by spannacomo
Sat Jun 29, 2019 9:33 am
Forum: Civil Aviation
Topic: EU warns US that any action against Air Italy would constitute a violation of the US-EU Air Transport Agreement
Replies: 44
Views: 9458

EU warns US that any action against Air Italy would constitute a violation of the US-EU Air Transport Agreement

https://www.ft.com/content/82a82f8c-99c1-11e9-9573-ee5cbb98ed36?shareType=nongift#comments-anchor The European Commission has written to the US state department warning that any action against Air Italy would constitute a violation of the US-EU Air Transport Agreement. This story is becoming seriou...

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by spannacomo
Tue Jun 25, 2019 4:45 pm
Forum: Civil Aviation
Topic: U.S.-UAE Reaffirm Commitment to Open Skies Agreement
Replies: 15
Views: 3867

Re: U.S.-UAE Reaffirm Commitment to Open Skies Agreement

they could complain about an italian airline owned 49% by an EAU company and heavily subsidized by both EAU and italian governements? I mean AZ obviously. Sorry, I forgot AZ is allied with DL so in this case subsidies don't matter.

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by spannacomo
Tue Jun 25, 2019 10:23 am
Forum: Civil Aviation
Topic: Lufthansa Capital Markets Day - Changes to EW, SN, Update on Fleet Development
Replies: 91
Views: 12830

Re: Lufthansa Capital Markets Day - Changes to EW, SN

never understood why SN had to be integrated into EW so I guess to let it be a hub and spokes company is a smart move. Apart from that I do not see how EW focus on short haul could help them improve their bottom line. Actually if I have a look at their last traffic report I see short haul is sufferi...

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by spannacomo
Mon Jun 10, 2019 6:03 am
Forum: Civil Aviation
Topic: Media: AA refuses to supply IG with a spare part causing delays in SFO
Replies: 97
Views: 19867

Re: Media: AA refuses to supply IG with a spare part causing delays in SFO

Yep. To loan a part: (1) you need a bilateral agreement between the airlines. There are IATA standard forms - not hard to do and can be put in place very quickly in an AOG situation. The point in discussion is that AA, according to IG COO, are refusing to have an agreement with IG. Is this decision...

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by spannacomo
Thu Jun 06, 2019 12:27 pm
Forum: Civil Aviation
Topic: Media: AA refuses to supply IG with a spare part causing delays in SFO
Replies: 97
Views: 19867

Re: Media: AA refuses to supply IG with a spare part causing delays in SFO

I was not personally affected but I think those who were affected have the right to know that AA had the possibility to make money by selling a spare part AND help people, while they chose to lose money and hinder people. Shareholders also have the right to know it, so they can evaluate AA's managem...

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by spannacomo
Wed Jun 05, 2019 8:55 pm
Forum: Civil Aviation
Topic: Media: AA refuses to supply IG with a spare part causing delays in SFO
Replies: 97
Views: 19867

Re: Media: AA refuses to supply IG with a spare part causing delays in SFO

If AA had a good reason to refuse to supply the spare part, I would like to know it. Why? Were you affected by this? No, why this question? Otherwise I think this decision was stupid at a level of business because AA had the opportunity to earn a fair price selling a spare part, and even more stupi...

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by spannacomo
Wed Jun 05, 2019 5:08 pm
Forum: Civil Aviation
Topic: Media: AA refuses to supply IG with a spare part causing delays in SFO
Replies: 97
Views: 19867

Re: Media: AA refuses to supply IG with a spare part causing delays in SFO

If AA had a good reason to refuse to supply the spare part, I would like to know it. Otherwise I think this decision was stupid at a level of business because AA had the opportunity to earn a fair price selling a spare part, and even more stupid at a more general level because people should not bear...

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by spannacomo
Wed Jun 05, 2019 4:16 pm
Forum: Civil Aviation
Topic: Media: AA refuses to supply IG with a spare part causing delays in SFO
Replies: 97
Views: 19867

Media: AA refuses to supply IG with a spare part causing delays in SFO

Flight IG938 from SFO to MXP scheduled on june 1st was delayed beacuse the aircraft was damaged by a ramp vehicle, causing the flight to be postponed by 36 hours and affecting many passengers. In this interview just published on corriere della sera (in italian only) https://www.corriere.it/cronache/...

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by spannacomo
Thu May 30, 2019 12:51 pm
Forum: Civil Aviation
Topic: AA stock hits a 3-year low
Replies: 101
Views: 10366

Re: AA stock hits a 3-year low

In july 2017 qatar airlines wanted to buy AA shares as they did with BA, LATAM and others, but doug parker opposed the plan. Shares had a value of 50+ USD at that time, now they are traded at 30- USD. That means there is a 10% shareholders who could have sold their shares at 20+ USD than they can n...

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by spannacomo
Thu May 30, 2019 10:27 am
Forum: Civil Aviation
Topic: AA stock hits a 3-year low
Replies: 101
Views: 10366

Re: AA stock hits a 3-year low

In july 2017 qatar airlines wanted to buy AA shares as they did with BA, LATAM and others, but doug parker opposed the plan. Shares had a value of 50+ USD at that time, now they are traded at 30- USD. That means there is a 10% shareholders who could have sold their shares at 20+ USD than they can no...

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by spannacomo
Mon May 13, 2019 10:05 am
Forum: Civil Aviation
Topic: Air Italy Abandon Boeing for Airbus + More
Replies: 55
Views: 16606

Re: Air Italy Abandon Boeing for Airbus + More

Air Italy is all smokes and mirrors. No real plan or strategy. They are justifying their seasonal approach to route planning as a novice business strategy in the airline business. The India market sudden exit is a clear sign of having no clue of how to manage an airline. Exactly. Crappy airlines wi...

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by spannacomo
Fri May 10, 2019 8:03 pm
Forum: Civil Aviation
Topic: Air Italy Abandon Boeing for Airbus + More
Replies: 55
Views: 16606

Re: Air Italy Abandon Boeing for Airbus + More

Milan is the most important center of Italian industry and finance; the key problem is that its air travel market won't support a hub at MXP when the most valuable short-haul traffic overwhelmingly uses LIN. Yet LH have plans to take over AZ and replace it with their LC branch EW in LIN, how is LIN...

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by spannacomo
Fri May 10, 2019 7:55 pm
Forum: Civil Aviation
Topic: Air Italy Abandon Boeing for Airbus + More
Replies: 55
Views: 16606

Re: Air Italy Abandon Boeing for Airbus + More

I think a startup company fighting to develop a market from zero against a well known company (alitalia) only able to stay afloat thanks to billions of italian taxpayers euros should deserve a better treatment on a forum of aviation fans. Because a company being subsidized by a large sovereign weal...

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by spannacomo
Fri May 10, 2019 4:58 pm
Forum: Civil Aviation
Topic: Air Italy Abandon Boeing for Airbus + More
Replies: 55
Views: 16606

Re: Air Italy Abandon Boeing for Airbus + More

I think a startup company fighting to develop a market from zero against a well known company (alitalia) only able to stay afloat thanks to billions of italian taxpayers euros should deserve a better treatment on a forum of aviation fans. Unless you are buying the US3 narrative that makes IG a way t...

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by spannacomo
Sat Apr 27, 2019 8:24 am
Forum: Civil Aviation
Topic: AA Q1 2019 Results
Replies: 54
Views: 7644

Re: AA Q1 2019 Results

I can't understand why AA who lost AB as partner for TATL flights can not accept IG as a "replacement". They could benefit from an immediate better access to Italian market based in a hub (MXP) very far from MAD and LHR. I think for AA to oppose IG expansion along with DL and UA is a very ...

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by spannacomo
Fri Apr 26, 2019 5:55 pm
Forum: Civil Aviation
Topic: Air Italy Suspends LAX/SFO/YYZ Over the Winter
Replies: 53
Views: 8088

Re: Air Italy Suspends LAX/SFO/YYZ Over the Winter

I for one was hoping to see IG fly MXP-BOS-MXP summer seasonal 3x-4x. Perhaps in a couple years they might look into it. Again Boston is well served to Italy already and there really isn't any money to be made there. There are no direct flights and yes I do not see Milan as a less important city th...

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by spannacomo
Fri Apr 26, 2019 5:53 pm
Forum: Civil Aviation
Topic: Air Italy Suspends LAX/SFO/YYZ Over the Winter
Replies: 53
Views: 8088

Re: Air Italy Suspends LAX/SFO/YYZ Over the Winter

The OP refers back to a flight global article, but has really only reported half the news included in their piece. It says: 'Air Italy will stop flying to Los Angeles, San Francisco and Toronto this winter in favour of serving what it terms "counter-seasonal" destinations: the Maldives, M...

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by spannacomo
Sat Apr 20, 2019 8:08 am
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

Anyone know how they performed in 2018? Didn't they manage to record a profit during one of the quarters? Commissioners reported EBITDA -154 M€ (about -5% on revenue), amministrazione straordinaria does not calculate amortizations but expected EBIT could be about -350 M€ (-12% on revenue). This won...

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by spannacomo
Thu Mar 28, 2019 6:32 pm
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

actually the italian government is strictly following EU rules, at least so far. But the tough part is now coming. People complaining about that are simply unaware of the EU rules and how they are enforced.

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by spannacomo
Thu Mar 28, 2019 2:30 pm
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

the government should inject more money to avert the risk of a liquidation, let's see what happens. I would not count on voters to be happy if they do it, though.

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by spannacomo
Fri Mar 22, 2019 9:26 am
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

Blerg, If the Italian government saves them again, this cycle will repeat. I'm happy the Italian government has so much money to throw away. Lightsaber China, anyone ? https://finance.yahoo.com/news/italy-junior-minister-sees-possible-181210354.html Interesting bit at the end of the article: "...

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by spannacomo
Sun Feb 24, 2019 8:05 pm
Forum: Civil Aviation
Topic: Virgin Atlantic and Alitalia new expansions
Replies: 113
Views: 20258

Re: Virgin Atlantic and Alitalia new expansions

You're right, although I'm still surprised AZ can't make EWR work. But to the point that others have said, once/if/should AZ becomes more connected with DL (meaning that DL is sharing revenue and profits on more than just the TATL routes and starts to have a vested interest in the overall profits o...

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by spannacomo
Sun Feb 24, 2019 7:44 am
Forum: Civil Aviation
Topic: Virgin Atlantic and Alitalia new expansions
Replies: 113
Views: 20258

Re: Virgin Atlantic and Alitalia new expansions

Italy is not London. Alitalia will in no way expand in any significant way it's North American coverage. Just New York, Miami and Los Angeles cover half of U.S.-Italy demand. Maybe San Francisco and Montreal. That's all that's really left for it. You're right, although I'm still surprised AZ can't ...

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by spannacomo
Thu Jan 31, 2019 6:07 pm
Forum: Civil Aviation
Topic: Air Italy drops MXP-DEL/BOM/ORD
Replies: 61
Views: 12254

Re: Air Italy drops MXP-DEL/BOM

FatCat wrote:
I said that many days ago... the new IG was announced as the next big player in italian air transport... in fact, they still rely on charter long hauls and domestic scheduled routes.
...

charter long hauls were already dismissed and domestic routes are feeds to MXP, no more cross country flights

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by spannacomo
Thu Jan 31, 2019 11:19 am
Forum: Civil Aviation
Topic: Air Italy drops MXP-DEL/BOM/ORD
Replies: 61
Views: 12254

Re: Air Italy drops MXP-DEL/BOM

ORD is also closed before opening
all the other north american routes are confirmed

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by spannacomo
Sun Jan 20, 2019 7:46 am
Forum: Civil Aviation
Topic: Alitalia's odd B777-300ER
Replies: 20
Views: 7939

Re: Alitalia's odd B777-300ER

according to the last news, DL plan for alitalia foresees to eliminate 1 or 2 long range planes. Which means the B77W is a perfect candidate.

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by spannacomo
Sun Jan 20, 2019 7:43 am
Forum: Civil Aviation
Topic: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’
Replies: 145
Views: 21694

Re: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’

Wrong. If Iberia is still “in the wrong hands” by the time Brexit actually has happened, EU bureaucrats my say the airline can’t operate but Madrid will just ask the EU for a temporary waiver or tell the EU to “shove it”. As I said before, the Spanish government WILL NOT let Iberia collapse. If you...

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by spannacomo
Sat Jan 19, 2019 11:30 am
Forum: Civil Aviation
Topic: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’
Replies: 145
Views: 21694

Re: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’

Not necessarily. They could either transfer some of its shares to an entity mainly owned by EU interests. This could be Iberia which is mainly owned by Spanish interests. They will also have to transfer some control to this EU entity as well. IAG, like Delta Airlines with Virgin Airways, can remain...

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by spannacomo
Sat Jan 19, 2019 11:01 am
Forum: Civil Aviation
Topic: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’
Replies: 145
Views: 21694

Re: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’

I thing IAG will be simply forced to sell IB, EI, VY to european investors. They have one year time to do it, the longer that takes the less is the value of the companies, so they need to rush. On the other side, the spanish and irish governement will intervene to force an agreement, because they d...

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by spannacomo
Sat Jan 19, 2019 10:23 am
Forum: Civil Aviation
Topic: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’
Replies: 145
Views: 21694

Re: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’

I do not understand all these project fear claims. Fear of what? There are rules in the EU which need to be complied with. Obviously IB has to comply with them, does anybody think they are above the law? This means IAG needs to sell IB, IE etc. to european investors, that's all. And yes, if they fai...

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by spannacomo
Sat Jan 19, 2019 9:00 am
Forum: Civil Aviation
Topic: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’
Replies: 145
Views: 21694

Re: Brexit: ‘IB wouldn’t be able to fly in Spain in case of no deal’

I thing IAG will be simply forced to sell IB, EI, VY to european investors. They have one year time to do it, the longer that takes the less is the value of the companies, so they need to rush. On the other side, the spanish and irish governement will intervene to force an agreement, because they do...

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by spannacomo
Mon Jan 07, 2019 6:15 pm
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

Most people seem to assume that AZ's problems are costs. AZ staff are definitely not overpaid, the structure is lean, courtesy of previous restructurings. WRONG >> they have a cost problem for decades ! I think you both have a point. AZ has an excess of staff as shown by the 1500 people (about 12% ...

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by spannacomo
Sun Jan 06, 2019 6:16 pm
Forum: Civil Aviation
Topic: Alitalia bankruptcy and selling process discussion thread
Replies: 988
Views: 240105

Re: Alitalia bankruptcy and selling process discussion thread

Delta would not require job cuts, according to Bloomberg. Either that's a joke or delta are simply trying to delude Alitalia in order to prevent a LH takeover.

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by spannacomo
Wed Jan 02, 2019 11:12 am
Forum: Civil Aviation
Topic: Qatar Airways announces its has acquired a 5% stake in China Southern Airlines
Replies: 58
Views: 9152

Re: Qatar Airways announces its has acquired a 5% stake in China Southern Airlines

time for AAB to create a new alliance, with QR, CZ, CX, IAG, LA, and - why not - IG, cutting off AA and QF. Maybe they could try to lure B6 or AS for the american market to replace AA.

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by spannacomo
Mon Dec 17, 2018 5:42 pm
Forum: Civil Aviation
Topic: Air Italy announced MXP-YYZ
Replies: 31
Views: 4202

Re: Air Italy announced MXP-YYZ

one more US destination rumoured to open in may

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by spannacomo
Sun Dec 09, 2018 6:49 pm
Forum: Travel, Polls & Preferences
Topic: Will Air Italy be the national carrier in Italy?
Replies: 37
Views: 6771

Re: Will Air Italy be the national carrier in Italy?

Given the fact that the Italian government keeps backing Alitalia each time they run out of money, Air Italy will never take the place of a flag carrier in Italy. No matter how bad Alitalia is doing, they'll be around for forever. The Italian government will never let Alitalia come to the point whe...

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