DL747400 wrote:crazy wrote:A single administrator for Alitalia now, replacing the three previous administrators.
Now he will reorganize the airline (less airplanes, less employees, less routes, less ground and inflight crew) then everything will restart for the "new airline" sell: even Air France is interested (again...).
This is Italy and AZ we're talking about, so I will believe it when I see it. This is what the previous court appointed administrators should have started with in order to make the airline more attractive to outside investors. Instead, they deliberately chose to avoid making the difficult, controversial decisions and cuts because they didn't want to take the heat. They thought it better to sit on their hands and let a potential buyer or group of investors to do the dirty work and take the hit. To date, those repeated decisions to avoid meaningful action have resulted in one failure after another. They failed to sell AZ or to even close a deal with one or more investors in a reorganized AZ. What makes anyone think that this administrator will be any different?
Italian mentality of welfare-pietism where everything must be paid by us taxpayers for years, decades, light years...Italy is the most "fake-communist" country of the world!!!
But there is a news: Italian Ministry of Transports yesterday: six months for Alitalia relaunch, if it will be not possible the airline will close.
The single administrator has the hard job to cut the fleet up to 80 airplanes, cut employees, reorganize routes and marketing, ground services and to make Alitalia desiderable for Lufthansa or Air France-KLM or Delta.
Do you believe in this deadline?