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Here’s how and why Giorgetti tugs the EU for Alitalia

Here's how and why Giorgetti tugs the EU for Alitalia

The Minister of Economic Development, Giancarlo Giorgetti, claims a different treatment for Alitalia compared to Air France and Lufthansa. Here's what the League minister said exactly

While the Minister of Economic Development, Giancarlo Giorgetti, tries to outline the future of Ita, in the name of discontinuity, deals with aid to Alitalia with Europe. But what it gets is less than half of what is required: 25 billion out of 55.

“What is granted to Lufthansa and Air France is not granted to Alitalia”, comments Giorgetti during his speech at a webinar of the Luiss Business School. Let's go step by step.

AID TO ALITALIA

Let's start with the facts. The European Commission yesterday evening authorized the allocation by the Italian government of 24.7 million euros of public aid in favor of Alitalia. "The approved measure allows Italy to further compensate for the direct damage suffered by Alitalia between November and December 2020 due to these restrictions imposed by the pandemic", commented yesterday the vice president of the Commission, Margrethe Vestager.

LESS THAN HALF OF THE WANTED AID

But the figure is less than half of the 55 billion requested hoped for and requested by the Minister for Economic Development, Giancarlo Giorgetti (Lega).

GIORGETTI'S COMMENT

The minister, speaking at a webinar of the Luiss Business School, during which he discussed the importance of building a European technological sovereignty, said: "What is granted to Lufthansa and Air France is not granted to Alitalia".

And “I have Alitalia workers outside” protesting, Giorgetti adds.

THE TREATMENT IN AIR FRANCE AND LUFTHANSA

Air France and Lufthansa have obtained what they wanted in recent months. France granted Air France 7 billion euros and the deferral of the French airport tax .

Lufthansa, on the other hand, obtained 9 billion euros in state aid from Germany , in exchange for a 20% state stake and the sale of 24 slots at the main airports (Frankfurt and Munich) to ensure competition. Due to this aid, the German company cannot make company purchases.

TOWARDS THE BIRTH OF ITA

Alitalia is therefore out, at least at the moment, of Lufthansa's aims.

But this does not displease the Government, which is aiming for the birth of Ita by July, which "to fly Ita cannot be too heavy, if it is too heavy it does not fly", says Giorgetti.

“The characteristics of the industrial plan must be based on discontinuity, economic sustainability and market orientation”, Giorgetti said, outlining the future of the Italian carrier. "The characteristics of the industrial plan must be based on discontinuity, economic sustainability and market orientation", said the Minister, recalling that there are still 3 billion euros on the plate.

GIORGETTI: AXIS WITH FRANCE – GERMANY ON TECHNOLOGY

A collaboration with France and Germany, on the other hand, the Minister of Economic Development Giancarlo Giorgetti hopes for on the technological front. And in the course of his speech at a webinar of the Luiss Business School, he said: “Italy must have the ambition to join the Franco-German locomotive in order to constitute the supporting triangle of the European framework”.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/ecco-come-giorgetti-strattona-lue-su-alitalia/ on Tue, 30 Mar 2021 14:24:18 +0000.