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Rumours about Alitalia's sustainability appear to be in the air again. Does anyone have any reliable advice about their prospects?
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Alitalia are about as reliable as their government.
This is just so delusional. So the Italian government isn’t going to “rescue” the airline, but rather is going to “re-launch within a strategic transport plan?” All while the government is the primary shareholder? There’s simply no way this is going to end well. Beyond that, what partner would want to take a 49% stake in the airline when the government owns the other 51%?
What makes the timing of this especially interesting is that Air Italy is presently growing like crazy, and wants to become Italy’s new “national airline.” This comes after Qatar Airways bought a 49% stake in the airline. Qatar Airways plans to send 30 Boeing 787s their way, so over the coming years the airline will have a longhaul fleet that’s larger than Alitalia’s.
It sure seems to me like on some level the Italian government is trying to stop Air Italy’s growth. It’ll be interesting to see if that just comes in the form of competing directly with them, or if they’ll put some policies in place to stop Air Italy.
Alitalia are about as reliable as their government. They are, IMHO, a classic case of an airline existing just because each nation likes to have one.