Alitalia"“Società Aerea Italiana SpA: filing of a petition for the admission to the extraordinary administration proceedings

Alitalia"™s shareholders meeting, convened, noted with deep regret the outcome of the referendum among the employees. The negative vote has determined the inability to implement the relaunch and restructuring of the Company. Italian shareholders and Etihad, based on the strong potential growth of the company, and on an industrial plan which included a structural cost […]

Alitalia, gov’t reach accord, Reggio Calabria ops to remain

Alitalia has announced it will maintain commercial flights to Reggio di Calabria beyond March 27 when they were originally scheduled to be terminated. In a statement issued this weekend, the Italian carrier said that following talks between management and the local and Italian national governments, a solution to render the services financially sustainable had been […]

IATA: Italian Aviation Tax to Cost 2,300 Jobs a Year

The International Air Transport Association (IATA) condemned a sudden increase in the Italian Council Tax levied on air passengers which will damage Italian economic competitiveness, and result in 2,300 jobs a year being lost. Effective immediately in January, without any advance warning or consultation, Italian authorities announced a 33-38% increase in its Council Tax, amounting […]