Originally Posted by
Bucking Bar
Cash injection for Alitalia finalized | Finance & Data content from ATWOnline
Will perhaps play into a Trans Atlantic scope violation. I figured AZ's disappearance might result in compliance just in time for management on 31 March 2014. AZ seems to keep saying, "I'm not dead yet."
AZ, if they aren't breaking even in this environment, seems pretty hopeless.
IMHO management took unfair advantage of the 3 year window. They have little right to complain about pilot costs and being "overstaffed" when they failed to staff and fly our rightful share of the EASK's.
It is interesting... I hope that the "investor" is DAL and not Etihad.
I DO NOT want to see any more MEA purchases in the European theater, they will turn it into their "feed" to compensate for Emirates signing a code-share deal with Easyjet to feed the Emirates MXP-JFK flight.
We don't want to allow that practice to expand, it WILL hurt DAL flying and WB pilot jobs... Keeping AZ afloat and DAL owning would be another strong piece to volley back against the MEA's and keep them in Skyteam.
The bad part is that DAL now owns a terribly operated and money-losing venture (although that is what VAtl was until DAL got a hold of them too). The big key is making sure that DAL pilot growth is protected and enhanced!
They operate:
12 330-200's with 3 on order.
10 777-200's
86 319/320/321's
We DO NOT want to see those aircraft being utilized against us in Europe to feed transatlantic Etihad/AZ WB's. I'm hoping RA pulled a fast one and had the board authorize a move to counteract Abu Dhabi.