Delta and Alitalia Merger Meeting in Atlanta
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Delta and Alitalia Merger Meeting in Atlanta
Delta and Alitalia Execs to Meet in Atlanta About Merger
Maria Ermakova, Bloomberg - Jan 05, 2019 9:42 am
Italian executives will meet with Delta Air Lines Inc. managers in Atlanta to discuss a potential merger with Alitalia, La Stampa reported, citing an unidentified official familiar with the Ferrovie plan.
The Italian government may favor a deal for Alitalia with Delta over Deutsche Lufthansa AG because it would be easier to implement and wouldn’t require job cuts, the newspaper cited the official as saying. Alitalia’s partnership with Delta would involve mainly long-haul flights to the U.S., while a deal with Lufthansa could focus on the Italian market, according to Stampa.
The national railroad operator Ferrovie dello Stato Italiane has been given the task of conducting the negotiations and some of its executives will be making the trip to Atlanta next week, according to Stampa.
Ferrovie executives need to submit to the Italian government an industrial plan for Alitalia, including a deal with another carrier, by the end of February, the daily said. EasyJet has a less attractive proposal that includes buying part of Alitalia’s fleet and using a small number of its personnel, according to Stampa.
Maria Ermakova, Bloomberg - Jan 05, 2019 9:42 am
Italian executives will meet with Delta Air Lines Inc. managers in Atlanta to discuss a potential merger with Alitalia, La Stampa reported, citing an unidentified official familiar with the Ferrovie plan.
The Italian government may favor a deal for Alitalia with Delta over Deutsche Lufthansa AG because it would be easier to implement and wouldn’t require job cuts, the newspaper cited the official as saying. Alitalia’s partnership with Delta would involve mainly long-haul flights to the U.S., while a deal with Lufthansa could focus on the Italian market, according to Stampa.
The national railroad operator Ferrovie dello Stato Italiane has been given the task of conducting the negotiations and some of its executives will be making the trip to Atlanta next week, according to Stampa.
Ferrovie executives need to submit to the Italian government an industrial plan for Alitalia, including a deal with another carrier, by the end of February, the daily said. EasyJet has a less attractive proposal that includes buying part of Alitalia’s fleet and using a small number of its personnel, according to Stampa.
#2
This has been my suspicion all along, those who said Alitalia would be out of the TA JV shortly (prior to 2016) could not have been more mistaken. Alitalia will be our new international Song to compete with NIA and the like, while sharing ownership and developing partners with the ME3.
If you can’t beat ‘me, join ‘me. We have a GBHF so we got that going for us. Whip meet saw.
https://www.bloomberg.com/news/artic...al-stampa-says
If you can’t beat ‘me, join ‘me. We have a GBHF so we got that going for us. Whip meet saw.
https://www.bloomberg.com/news/artic...al-stampa-says
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My understanding is the tanker is actually just on contract.
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