Author Archive
Italy Confident EU Will Allow Alitalia Rescue
Italy’s transport minister Maurizio Lupi does not believe a government-sponsored rescue plan for loss-making airline Alitalia will fall foul of European state aid rules. Earlier this week IAG, which owns British Ai...
IAG Attacks Alitalia Rescue As Illegal
IAG on Monday denounced Italian plans to rescue Alitalia as illegal, urging the European Commission to intervene over the Italian government’s attempts to stitch together a bailout for the ailing airline. A EUR€3...
Spain To Cut Airport Charges To Boost Traffic
Spain will cut the tariffs airlines pay to use the country’s airports and remove the charge entirely in some cases in an attempt to boost falling traffic, the government said on Monday. The cuts will reverse increa...
Lufthansa Not Interested In Alitalia Stake
Lufthansa is not interested in taking a stake in near-bankrupt Alitalia, which is on the lookout for a strategic foreign partner, a Lufthansa spokesman said on Monday. “There’s no interest in Alitalia from Lu...
Air France-KLM’s Position Unclear On Alitalia
Alitalia shareholders will vote on Monday on a EUR€300 million (USD$407 million) capital increase to keep the near-bankrupt Italian airline flying, but the participation of Air France-KLM is far from certain. Alitalia ...
Swissport Takes Stake In SAS Ground Handling
Swissport said on Friday it had bought a 10 percent stake in each of Scandinavian airline SAS’s three ground handling companies. In March 2013, the companies announced they had signed a letter of intent relating to...
