MilleMiglia returns to Alitalia: one more year to use points
The company has signed an agreement with Etihad to regain 100% control of the company that operates the loyalty program - Customers will have until 31 January 2020 to use miles
Etihad buys "MilleMiglia" from Alitalia
The Abu Dhabi giant has acquired 112,5% of the company that manages the loyalty program for 75 million.
The new Alitalia makes its debut in the sky
Yesterday the first flight from New York to Milan - The CEO Cassano: "In the spring we will return to fly to China and in 2015 we will increase the connections with North America and Latin America" - A whole new offer towards Asia, the …
Alitalia-Etihad, finalized agreement: new company from 1 January
Etihad Airways, a press release explains, "has subscribed to a capital increase for a value of 387,5 million euros for the purchase of a 49% stake in Alitalia Sai".
Alitalia-Etihad, green light from Brussels for the agreement between the two airlines
Green light from the European Commission to the purchase by the Arabs of Etihad of 49% of Alitalia - The yes to the agreement is subject, however, to the renunciation of some slots by the two companies and in particular those on the…
Alitalia, Europe oriented towards yes to Etihad
A Commission source, quoted by Agi, leaks a positive orientation and the will to close the case by the end of the year
Etihad-Alitalia: concessions to get EU antitrust ok
To obtain the OK from the EU Antitrust, Alitalia and Etihad are willing to make concessions in favor of competition - Air France-KLM: "We hope that the transaction will go through, but we will have to find new agreements".
Alitalia-Etihad, here is the aircraft with a special livery for Expo 2015
About 2015 million visitors are expected at Expo 31, which will be held in Milan from May 2015st to October 20st XNUMX, over a third of whom will reach the Lombard capital by plane: today the two companies presented…
Alitalia, Montezemolo: “Me president? It's a possibility."
During the press conference to formalize his farewell from Ferrari, Montezemolo confirmed that in the next few days he will call James Hogan, CEO of Etihad, the Arab giant that is preparing to take over Alitalia.
Alitalia-Etihad, EU Antitrust green light by the end of the year
The UAE company concluded last month an agreement for the purchase of 49% of Alitalia for 1,76 billion euros - The phase to obtain a green light of this type from the EU Antitrust lasts 25 working days,…
Alitalia, Del Torchio leaves and for the new management Montezemolo and Cassano are in pole position
Etihad turning point at the helm of Alitalia - In an interview, CEO Gabriele Del Torchio announced that he "is ready to leave" - The new top management will arrive in October: in pole position for the CEO chair is Silvano Cassano, …
Alitalia, on the 26th board of directors on agreement with Etihad
On the table of the board, according to what has been learned, there should be the agreement with Etihad, signed by the two companies on August 8, and the progress of the industrial plan.
Stock exchange, Atlantia flies after Alitalia-Etihad agreement
CEO Castellucci: the agreement between Alitalia and Etihad "will confirm Fiumicino's role as hub and will also increase connectivity in the long term" - "Adia, the Abu Dhabi fund, in pole position as ADR's new financial partner" - "We will stay…
Alitalia is safe: agreement signed with Etihad, which acquires 49% of the capital
The Arab giant will acquire 49% with an investment of over 1,758 billion euros over the next three years - Del Torchio: "We also thank the people who will have to leave Alitalia" - Hogan: " In this phase of the transaction there will…
Alitalia: green light from the assembly to the agreement with Etihad
The signing of the agreement is scheduled for this afternoon, which will put an end to more than eight months of negotiations to save the Italian flag carrier.
Alitalia-Etihad, Lupi: "Agreement done, tomorrow it will be signed"
The Transport Minister assured that this morning's meeting at Palazzo Chigi with James Hogan, CEO of Etihad, "went very well" - "Today the final details will be defined and tomorrow it will close".
Alitalia: agreement between shareholders on capital increase, Poste Italiane raises investment to 75 million
Intesa Sanpaolo, Unicredit and Atlantia would have found an agreement on the distribution of the 300 million capital increase of the former national carrier - Poste Italiane willing to increase the investment up to 75 million but in the mid-company - Nothing between agency…
Alitalia, Etihad approves the increase: green light for the new company
Ok for the capital increase to 300 million for Alitalia. Today's board of directors established it. Etihad's response is also positive, the only thing missing is the approval of the shareholders expected at the meeting scheduled for next Friday, 8 August.
Alitalia-Etihad: tomorrow the meeting on the capital increase and on the 70 million of Poste
Tomorrow morning the summit for the decision on the capital increase of Alitalia from 250 to 300 million. On the table, the greatest burden for Poste decided to invest 70 million in the company that will act as a bridge between the current Alitalia and…
Alitalia, there is the Post Office-banks agreement
The agreement is for a middle company (a med-company) between the old Alitalia and the newco into which Etihad will enter, and would have Poste and the current Cai as shareholders and would own 51% of the new "newco" Alitalia.
Alitalia-Etihad awaited the final response from the unions on the agreement and the solution to the Poste case
Decisive hours for the future of Alitalia: either the definitive agreement with Ethad's Arabs blossoms or it is bankruptcy - The final response of the unions is decisive but a clarification on the role of Poste Italiane in the increase…
Alitalia, Etihad agreement at risk for union divisions. Renzi: "Either a thousand or 15 thousand redundancies"
The union divisions risk, for the umpteenth time, destroying an agreement (with the Arabs of Etihad) for the rescue of Alitalia - Prime Minister Renzi says: "Either the agreement with Etihad is approved or the redundancies will not be a thousand …
Alitalia on the roller coaster: Etihad denies the ultimatum, but the agreement remains in the balance
The Abu Dhabi giant denies the threat to withdraw if Alitalia does not close the deal by Monday - Today the assembly on the budget and capital increase - The Post Office is willing to keep 5% of a newco in its portfolio,…
Alitalia-Etihad: Post-Bank differences, marriage at risk?
The Alitalia-Etihad agreement once again in the balance, due to the differences between the partner banks (Unicredit and Intesa Sanpaolo) and the Post Office. The new CEO of postal services Francesco Caio said he was ready to invest 39 million. One of the main…
Alitalia-Etihad, Hogan: "Agreement at the end of the month"
According to Hogan, if the negotiations take longer than expected it won't be a problem, but the negotiations with the unions concern Alitalia - If the agreement goes through, however, new job opportunities will be created - "We want to reconstitute…
Alitalia-Etihad, Lupi: "Forward even without the CGIL"
The Infrastructure Minister is going his own way in an attempt to close the agreement with Etihad: "If the CGIL says no, the agreement remains valid" - "Sacrifices are needed. Either the abyss or development is chosen" - Cortorillo (Cgil ): "We are…
Alitalia, Renzi: "Either redundancies, or it closes"
"In respect of roles, I think it is a good reality for the future of the country, it will be necessary for everyone to make sacrifices: the alternative is not between x redundancies or y; today the alternative is between x redundancies and closure. You cannot…
Alitalia, Gros-Pietro (Intesa): "Without the approval of the unions, we are not there"
"We have conditioned our participation in the agreement on the fact that all the problems that Etihad has put on the table are resolved. Starting with the agreement with the unions" - From next Tuesday, all-out negotiations between the unions, the company and the Government.
Alitalia, EU wants clarification on Etihad and Poste
Brussels' doubts are reported in a letter dated June 24 which has as its object an "alleged state aid to Alitalia" and to which the EU antitrust commission asks for a response by July 22.
The bitter reality of the Alitalia-Etihad agreement: the Arabs earn, Italy pays the bill
There are many unclear aspects, or at least not yet revealed in the Alitalia-Etihad affair - Only one thing is certain: a large part of the cost of this new restructuring falls on the Italian system, i.e. on Italian banks and…
Alitalia, Lupi: Government is studying redundancy redeployment
Government-union meeting on Wednesday - Transport Minister …
Alitalia, Lupi: debt resolved, only redundancies remain
The debt aspect, explained Lupi, is "substantially resolved: the availability of the three most committed banks, Unicredit, Banca Intesa and Montepaschi, is absolute, some details remain to be defined with Popolare di Sondrio".
Alitalia, 49% to Etihad: there is an agreement
The two companies communicate this in a joint note, specifying that "they will proceed in the next few days to finalize the contractual documentation, which will include the agreed conditions. The completion of the transaction is subject to the approvals of the Antitrust authorities" - The crux remains...
Alitalia, Wolves to the unions: either the redundancies, or the abyss
According to the Minister of Transport, the unions know very well that "we have two options ahead: there is finally a major industrial relaunch plan that will lead Alitalia to be among the first companies in the world and to have an airport system…
Alitalia, record losses (more than 500 million) before the wedding with Etihad
In view of the final negotiation with Etihad Airways, Alitalia does not reveal the accounts, but "Il Sole 24 Ore" reveals that the 2013 deficit is appalling and amounts to about 560 million euros which brings it up to 1,5 billion…
Alitalia, Lupi: Etihad ready to invest up to 1,25 billion by 2018
The 560 million to be invested in the capital will be added to another 690 million over four years for the development and renewal of the fleet - The plan presented by the Abu Dhabi company provides for 2.250 redundancies - A return to profit is expected in…
Not only Alitalia, Etihad ready to join AdR
The emirates, now one step away from entering the shareholding structure of the former national airline, would also be interested in investing in AdR, which recorded excellent performance in the first quarter of 2014 - According to the Arabs, Alitalia's development would be strictly…
Alitalia-Etihad, Del Torchio confident: "Agreement within a few weeks, 2.200 redundancies"
"It now only takes a few weeks to close the deal": said the managing director of Alitalia, Gabriele Del Torchio, at the presentation of the ENAC annual report.
Alitalia, Montezemolo towards the presidency
Today the Board of Alitalia meets to examine the letter sent last Sunday by Etihad - Luca Cordero di Montezemolo should take the presidency, while Silvano Cassano should become CEO in place of Gabriele Del Torchio, in…
EU: Alitalia must remain European
"Not only must it have majority European ownership - said Helen Kearns, spokeswoman for EU Transport Commissioner Siim Kallas -, but its control must also remain in EU hands".
Alitalia, Poletti: "2.500 redundancies from Etihad merger"
According to the Minister of Labour, the estimated redundancies in the merger between Alitalia and Etihad are between 2.400 and 2.500 - Poletti: "We are available as regards social safety nets" - Alitalia's board of directors meets on Friday.
Alitalia-Etihad, moving towards an agreement: probable 2.600-3.000 redundancies
The letter that arrived yesterday is Etihad's response to the proposal sent by Alitalia on May 15 - Among the conditions that Etihad should have indicated as binding is the issue of managing redundancies: between 2.600 and 3.000,…
Alitalia: the government is pushing to close with Etihad
The long negotiation between the Italian and the Arab airlines is heading towards closure: Alitalia will send Etihad the letter with the newco outline - The Government is pushing towards this solution: "Continue the negotiation, it is a…
Alitalia, Lupi: no bad company. Thinking of a newco
According to the Minister of Infrastructure, "the relaunch of a company like Alitalia will not pass for a bad company" - In the meantime, plans are being made for the creation of a newco in which the majority would go to the current shareholders of the Italian company.
Etihad strengthens Air Berlin with 300 million, Alitalia waits
The Abu Dhabi airline, according to foreign press reports, will buy Air Berlin convertible bonds for 300 million euros, participating significantly in the recapitalization of the German carrier - Meanwhile Alitalia is trying to meet the…
Alitalia, board of directors on Etihad dossier terminated. No comments from councilors
The board meeting of the airline concluded after about two hours - CEO Gabriele Del Torchio illustrated the state of relations with the United Arab Emirates company to the board members - No comments from the board members when the board left…
Alitalia, the decisive board of directors has begun: the agreement with Etihad is not obvious
A decisive board of directors meeting for Alitalia is underway at the Fiumicino airport headquarters: CEO Del Torchio has the guarantees requested by the Abu Dhabi company on the table, starting with the 3 redundancies.
Alitalia, Etihad ready to invest up to 500 million
The letter of intent should arrive within a few days - But to enter the game, Etihad sets two rather harsh conditions: a cut in the cost of labor equivalent to around 2 redundancies, half of which with cig a…
Alitalia: Lupi, I will conclude work with Etihad within this week
The conclusion of the operation carried out by the Alitalia-Etihad alliance is expected within a few days - stated the Minister of Transport, Maurizio Lupi, in a hearing in the Transport Committee of the Chamber.
Alitalia, Montezemolo: "I will favor an agreement with Etihad"
This is how the president of Ferrari, Luca di Montezemolo, replied to journalists, who, speaking on the sidelines of the Geneva Motor Show, added: "Don't ask me if I fly or not, I like flying by car and I'm also pleased…
Etihad: the chances of entering the capital of Alitalia "are at 50%"
Etihad CEO James Hogan said he is confident that his company will enter 50% of the capital of Alitalia - The Minister of Infrastructure, Maurizio Lupi, summarized the state of mind of the representatives of the Renzi government…
Alitalia, Del Torchio: "With Etihad it still takes a month"
This was supported by the managing director of the Italian carrier, Gabriele Del Torchio: "It will still take 3-4 weeks", said the manager at a press conference in Milan.
Alitalia, Air France-KLM: possible agreement with Etihad
The French-Dutch carrier could ally itself with the Arab group if its entry into Alitalia goes through - CEO de Juniac: "It's an option, but only under certain conditions" - First opening for a partnership between the two companies .
Alitalia, the statute changes: via the takeover bid obligation for shareholders over 50%
The change decided in today's extraordinary meeting - Now the shareholders who own at least 50% of the shares will not have the obligation to buy the shares held by the other shareholders - A move that means more flexibility in the capital of the former company…
Alitalia-Etihad, Del Torchio: "Crucial week"
There are two fundamental problems to be solved: the restructuring of the one billion debt requested by the Arabs (which worries the shareholders-creditors Intesa Sanpaolo and Unicredit) and the management of the approximately 1.900 redundancies - CEO Del Torchio: "In a few hours we will sign the…
Alitalia: summit with Etihad "soon", clash with unions over 1.900 redundancies
The unions let it be known that Alitalia has opened the procedure for structural redundancies. In the industrial plan of the former national airline there are 1.900 personnel cuts - Today meeting at the Ministry of Transport.
Alitalia board of directors: Colaninno and Del Torchio confirmed at the top
The airline communicates this after the meeting which appointed the new board of directors after the capital increase - The board confirmed Colaninno as president and Del Torchio as vice president and managing director
Alitalia: today the confirmation of Colaninno and Del Torchio, meanwhile Etihad is stalling
The president of the Arab company clarified that "there are no plans relating to an announcement at the end of January" - Meanwhile, the Alitalia shareholders' meeting for the renewal of the board has begun in Fiumicino: we are moving towards a…
Alitalia, Castellucci: "Etihad best possible solution"
According to Giovanni Castellucci, shareholder of the airline with an 8,9% stake, Etihad Airlines' entry into Alitalia "is the best viable solution" - "The world is moving in that direction, as stated by the last Air Show" .
Alitalia: after the increase, loan conversion
The Italian company has to deal with the conversion of the 95 million euro shareholder loan signed in February last year - The last useful date for converting the money paid into shares has been set for January 10 - From…
Alitalia, Etihad confirm the deal: "There are no other comments to make"
"Etihad Airways is in talks with Alitalia" confirmed the Abu Dhabi airline in a statement reported by the US site Bloomberg.