As the successor to Alitalia, the new airline ITA will begin flying through the skies in October.
After months of negotiations, the breakthrough finally came: The new Italia Trasporto Aeroo, or ITA for short, will be launched from October fly instead of the previously known airline Alitaliasaid the Italian Minister of the Economy.
This announcement was made after lengthy negotiations between Italy and the European Commission. The discussion focused on the role of the new airline and the plan for how ITA can exist independently of the ailing Alitalia. The measure to keep ITA separate from the old airline was important to avoid being held responsible for the repayment of billions of euros that Alitalia received in state aidsays Reuters.
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October 15 is the day. On this day, the ITA will be fully operational, the same day that Alitalia will be discontinued. According to reports, ITA will start operations with a start-up capital of 700 million euros, so that it is able to buy assets from the old airline and make a profit by the third quarter of 2023. Enrico Giovannini, the Italian Minister of Transport, said that the new airline is competitive both nationally and internationally and has the potential to grow. However, it is also clear that it will be a difficult start due to the pandemic and the associated general decline in air traffic.
According to the Italian news agency ANSA, it will start with 52 aircraft. In the following year, the plan is to increase this to 26 aircraft and A total of 105 aircraft by the end of 2025. According to Reuters, ITA will also inherit 85 percent of Alitalia's slots at Milan's Linate airport and 43 percent of the slots at Fiumicino in Rome.
Between 2,750 and 2,950 employees are to be transferred to ITA this year from the 11,000 people currently employed by Alitalia in the aviation division. By 2025, the number is expected to rise to 5,700, of which 4,000 will be employed in the handling and maintenance units. However, the airline's national unions have spoken out against ITA's plan as they consider the new airline's employment commitment to be unacceptable, reports Reuters.
