Tag Archives: 32858

Air France-KLM: The Alitalia business plan is not suitable

Air France-KLM Group (Air France and KLM Royal Dutch Airlines) (Paris and Amsterdam) with 25 percent of the stock is the key to Alitalia’s (2nd) (Rome) survival. According to this report by Reuters quoting internal sources, the group has stated privately the Alitalia rescue plan and capital infusion “fell short of its requirements,ย particularly in terms of debt restructuring.”

However, the source added that Alitalia was “of strategic interest” to Air France-KLM.

Meanwhile Willie Walsh of the International Airline Group (British Airways, Iberia and Vueling Airlines) has spoken out against the state aid for Alitalia and has called on the European Commission to stop the Italian government’s efforts to prop-up the failing flag carrier.

Read the full report: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Alitalia’s Boeing 777-243 ER I-DISU (msn 32858) climbs from the runway at Tokyo (Narita).

Alitalia (2nd):ย AG Slide Show

Air France:ย AG Slide Show

KLM:ย AG Slide Show

Alitalia to return to Los Angeles on June 5

Alitalia (2nd) (Compagnie Aerea Italiana) (Rome) will return to Los Angeles on June 5 with Boeing 777-200 service on the Rome-LAX route (operated five times a week).

Copyright Photo: Giorgio Ciarini. Boeing 777-243 I-DISU (msn 32858) soars away from Milan (Malpensa) in the updated 2006 scheme.