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Ryanair has lost its challenge against the state aid Alitalia received during Covid

Ryanair loses challenges against EU state aid

Ryanair has failed in its attempts to say that state aid received by two airlines during the Covid-19 pandemic was not compatible with the EU's internal market.

Business • 18 Oct 23

Lufthansa CEO set for Rome to discuss ITA deal - report

Lufthansa CEO Carsten Spohr is heading to Rome to discuss taking a planned stake in ITA Airways, Italian Economy Minister Giancarlo Giorgetti was quoted as saying by Ansa news agency today.

Business • 25 May 23

Alitalia will have to repay a €400m loan to the Italian government because the money breached EU state aid rules

Alitalia must repay €400m illegal state aid, EU says

Alitalia, the predecessor of Italian state-owned airline ITA Airways, will have to repay a €400m loan to the Italian government because the money breached EU state aid rules, EU competition authorities said today.

Business • 27 Mar 23

ITA took over from Alitalia in October, permanently grounding the 75-year-old airline

Italy seeks bids for ITA Airways by April 18 - sources

Italy's Treasury has invited suitors interested in buying the majority of ITA Airways to express their formal interest in the carrier by April 18, three sources close to the matter said.

Business • 08 Apr 22

Alitalia's legacy of high costs, mismanagement and heavy political and trade union influence may be hard for ITA to shrug off.

Alitalia lands for final time after 75 turbulent years

Alitalia, a one-time symbol of Italian style and glamour brought low by economic mismanagement, operated its last flight yesterday after 75 years, before handing over to its downsized successor Italia Trasporto Aereo (ITA).

Business • 15 Oct 21

The new state-owned carrier was created to replace bankrupt Alitalia

Alitalia successor gets green light to fly

Italia Trasporto Aereo (ITA), the new state-owned carrier created to replace bankrupt Alitalia, has received a green light from Italy's civil aviation authority ENAC to start flying and selling tickets.

Business • 18 Aug 21

Brussels and Rome have been in lengthy talks over Alitalia's fate and its successor Italia Trasporto Aereo (ITA)

EU regulators clear hurdle for Alitalia's successor

The European Commission said today it has reached a deal with Italy on the parameters for separating loss-making carrier Alitalia from its successor, a step key to securing EU approval for the new airline and to write off Alitalia's subsidies.

Business • 01 Jul 21

AlixPartners expects Ryanair's slice of domestic seats offered to rise to 35% from 32% before the pandemic while Alitalia shrinks to 32% from 41% in the quarter to 30 June

Ryanair set to overtake Alitalia on Italy routes

As the launch of a successor to Alitalia drags on, budget carriers Ryanair and Wizz are bulking up on Italy's domestic routes, grabbing market share from the new carrier before it even takes flight.

Business • 14 Jun 21

Italia Trasporto Aereo, the state-owned Italian airline that will replace bankrupt Alitalia, was initially expected to launch flights in April

Alitalia successor will only start flying in September

The state-owned Italian airline that will replace bankrupt Alitalia will only start flying in September - missing the peak summer holiday season, daily Corriere della Sera reported over the weekend, citing government sources.

Business • 24 May 21

The new direct grant takes to more than €310m the total of state aid approved by the EU in favour of Alitalia for damages caused by Covid

EU approves €12.8m in new state aid for Alitalia

The European Commission has approved €12.8m of Italian state aid for Alitalia to compensate the airline for losses suffered during the coronavirus pandemic, the EU executive said today.

Business • 13 May 21

Ryanair has expressed an interest in participating in such the Alitalia slots tender

Ryanair interested in Alitalia slots in Milan and Rome

Ryanair is interested in taking part in a tender to buy slots at Milan Linate and Rome Fiumicino airports if Alitalia puts them on the block, the Irish low-cost has said.

Business • 25 Jan 21

The Italian government is seeking to nationalise and relaunch the ailing flag carrier after the coronavirus crisis scuppered plans to sell it

EU says Alitalia brand must go in airline's revamp

Italy would have to drop the 75-year-old Alitalia brand if it wants the European Commission to approve plans to relaunch the airline, according to a letter published by L'Espresso magazine.

Business • 20 Jan 21

The European Commission said the aid for Italy's Alitalia was 'proportionate'

EU regulators clear €73m Italian aid for Alitalia

EU competition regulators have today approved €73m in Italian state aid for Alitalia, which posted significant operating losses on 19 routes over a four-month period to October due to the coronavirus pandemic.

Business • 29 Dec 20

Alitalia is burning through cash reserves and is expected to run out of money at the end of this year

Alitalia's rescue plan hits more turbulence

An Alitalia rescue plan has run into trouble after its main sponsor, railway group Ferrovie dello Stato, said conditions were not in place to set up an investor consortium to save the struggling Italian carrier.

Business • 21 Nov 19

Loss-making Alitalia has been run by special administrators since May 2017

Alitalia's rescue in doubt as Atlantia backtracks

Italian infrastructure group Atlantia said today it was not ready to join a consortium led by Italian railway group Ferrovie dello Stato to rescue loss-making carrier Alitalia, casting a shadow on the entire project.

Business • 20 Nov 19

Ferrovie dello Stato, Delta and Atlantia have been discussing how to revive Alitalia for the last two months

Italy postpones deadline for Alitalia rescue plan

Italy's industry ministry has postponed a deadline to present a rescue plan for Alitalia to October 15, with sources saying the rescuers were at odds on key aspects of the proposal for the loss-making carrier.

Business • 17 Sep 19

Atlantia will join Ferrovie, the finance ministry and US carrier Delta in an effort to relaunch Alitalia with an overall capital injection of around €1 billion

Italy state railway picks Atlantia for Alitalia rescue

Italy's state railway Ferrovie dello Stato has picked motorway operator Atlantia as a partner to join a consortium of investors for the rescue of national carrier Alitalia, Ferrovie said.

Business • 16 Jul 19

Four potential investors have submitted expressions of interest to join a consortium for the rescue of ailing Italian airline Alitalia

Atlantia among prospective investors in Alitalia rescue

Italian infrastructure group Atlantia and three other potential investors have submitted expressions of interest to join a consortium for the rescue of ailing Italian airline Alitalia, a government minister has said.

Business • 15 Jul 19

EasyJet's passenger numbers grew by 5.6% to 8.6 million passengers in August

EasyJet still in talks over Alitalia short-haul routes

EasyJet is still engaged in discussions with the Italian government over Alitalia's short-haul operations but any deal needs to make commercial sense, the low-cost carrier's boss said today.

Business • 06 Sep 18

EasyJet and Lufthansa still interested in Italy's Alitalia

EasyJet and Lufthansa still keen on Alitalia

EasyJet and Lufthansa are still interested in Alitalia after an Italian minister said this week the government wants the majority of the loss-making carrier under state control, the British and German carriers said.

Business • 20 Jul 18

Lufthansa, EasyJet and Hungarian carrier Wizz Air are reported to be in the bidding for the troubled Italian airline

EU probes Italy's latest Alitalia rescue loan

EU competition regulators today opened an in-depth probe to establish whether a massive rescue loan by the Italian government to troubled airline Alitalia constituted illegal state aid.

Business • 23 Apr 18

Alitalia entered insolvency proceedings last year and the Italian government has since been seeking new investors

Lufthansa, EasyJet submit revised offers for Alitalia

Lufthansa has joined EasyJet in expressing interest in struggling Italian carrier Alitalia, the airlines have said.

Business • 11 Apr 18

Lufthansa CEO Carsten Spohr gives a more upbeat assessment of revenue trends

Lufthansa eyes improving revenue trends

German carrier Lufthansa gave a more upbeat assessment of revenue trends up to the end of the year, with the carrier benefiting from solid passenger demand and poised to swoop on struggling rivals.

Business • 25 Oct 17

Cerberus suggested it would be willing to invest funds worth between €100-400m to gain control of Alitalia, reports say

Cerberus shows interest in troubled Alitalia - report

US private equity group Cerberus Capital Management has approached Alitalia with an offer that would allow the carrier to remain independent, according to the Financial Times.

Business • 25 Oct 17

Alitalia was put under special administration earlier this year after staff rejected a plan to cut jobs and salaries

Lufthansa, EasyJet among seven bidders for Alitalia

Germany's Lufthansa and UK budget airline EasyJet are two of seven companies that have bid for Alitalia, but the process to rescue Italy's ailing flag carrier is likely to drag out until late next year.

Business • 17 Oct 17