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- 1. Alitalia accepts Air France-KLM offer
Alitalia accepts Air France-KLM offer. On 14 March 2008 Air France-KLM submitted a proposal to Alitalia aimed at combining Alitalia and the Air France-KLM Group and acquiring the control of the Italian company. Since then, the Alitalia board of directors has approved unanimously its proposal. The proposal foresees a share exchange offer on Alitalia shares and a cash offer on Alital
- 2. Etihad Airways Acquires 75% Stake in Alitalia Loyalty
Etihad Airways has acquired a 75% stake in Alitalia Loyalty S.p.A, the owner and operator of MilleMiglia, Alitalia’s frequent flyer program. Alitalia will retain the remaining 25% stake. Alitalia Loyalty will become part of Global Loyalty Company (GLC), a loyalty company that allows Etihad Airways and its partners to target the global loyalty market more effectively, whilst driving
- 3. Alitalia Takes Delivery of First Airbus A330-200
Alitalia Takes Delivery of First Airbus A330-200. Alitalia has received its first new Airbus A330-200 aircraft from the Airbus facility in Toulouse, France. The aircraft is configured in a three class layout and is the first Alitalia aircraft to feature the new premium economy Classica Plus class and a completely updated Magnifica business class.
- 4. Etihad Airways and Alitalia Enter Final Phase of Due Diligence
Etihad Airways and Alitalia have entered the final phase of a due diligence process about a possible investment by Etihad Airways in Alitalia, James Hogan, President and Chief Executive of Etihad Airways, and Gabriele Del Torchio, Chief Executive of Alitalia, confirmed today. During the next 30 days both companies and their advisors will determine how a common strategy can be devel
- 5. Alitalia Renews Travelport Contract
Alitalia Renews Travelport Contract. Alitalia has renewed its global, full content agreement with Travelport for Galileo and Worldspan-connected travel agencies worldwide. The new multi-year deal ensures that all travel agents connected to Travelport’s GDS platforms are guaranteed access to the full fares and inventory of Alitalia, including its online fares.
- 6. New Alitalia to “Represent Best of Italy”
The strategy for the new Alitalia was unveiled in Rome on Tuesday, with an unequivocal commitment by the new executive team and strategic investors to reinvent the airline. Alitalia will introduce new routes, new product and service standards, a new cost management strategy and new branding, as the foundations to build a premium global airline representing the best of Italy. The ne
- 7. Alitalia On Track to Become Profitable by 2017
Alitalia says it is on track to become profitable by 2017, after reducing losses by € 381 million in 2015 compared to the previous year. After posting total revenues of € 3,312.4 million in 2015, Alitalia was able to report a net result of € -199.1 million for 2015, a significant improvement on the € 580 million loss recorded in 2014. This performance is in line with the targets se
- 8. Alitalia’s Board Approves Turnaround Plan
Alitalia’s Board of Directors has approved the airline’s turnaround business plan which includes a range of radical measures across the whole of the company to stabilise it and secure its long-term sustainability. The plan’s funding by the company’s shareholders is subject to Alitalia’s trade unions agreeing to a new collective works agreement and headcount-related measures.
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