Vogon Today

Selected News from the Galaxy

StartMag

What the mini Alitalia will be like, here is the project for Ita

What the mini Alitalia will be like, here is the project for Ita

All the details on the mini Alitalia, the newco that was born from the ashes of the former national airline thanks to state money. Facts, numbers, comments and controversies

Ita, Italy air transport.

€ 3 billion in endowment.

5,000 employees.

50 aircraft.

Particular signs: departure with social safety nets.

This is the new identity card of the mini Alitalia, outlined in the industrial plan that will go to the rooms on 21 December. There are many uncertainties about the future of the company, which was born at a time when air traffic is in crisis, but one great certainty: according to the CEO Fabio Lazzerini it will not survive long by itself, an alliance is needed.

Let's go step by step.

THE MANAGEMENT OF MINI ALITALIA

Let's start with the management. The newco will be led by President Francesco Caio and CEO Fabio Lazzerini, who in the past few hours presented the airline's business plan to the Senate Public Works Commission.

3 BILLION AND A HALF FLEET

Few, in fact, the details revealed. And the answers given to the senators were also few. The two managers were able to rattle off the first numbers of the company : Ita, the mini Alitalia, will start with a budget of 3 billion euros and 50 aircraft. A number that would be half of the 104 aircraft available to Alitalia.

LESS 70 PERCENT OF INTERCONTINENTAL FLIGHTS

Currently, Alitalia only employs 30 aircraft. And therefore, renting 50 of them assumes that Ita has an optimistic vision, despite the crisis from Covid-19 leading the major companies to estimate, as Il Sole 24 Ore writes, to fly with a capacity of 30 -35% in the first quarter of 2021.

Despite the optimism, however, long-haul aircraft would drop from 26 to six and capacity for intercontinental flights would drop by 70%.

UP TO 104 AIRCRAFT IN 2026

Temporary difficulties aside, in the five-year plan, Lazzerini hopes for a fleet growth to 104 aircraft in 2026, market and budgets permitting.

THE PERSONNEL OF MINI ALITALIA

Let's get to the employees. Ita will have less than half of Alitalia's current employees (11 thousand): 5,000 employees of which 235 are commanders, 390 pilots, 1,530 flight attendants. The small airline now has 39 employees and 9 directors.

STARTING WITH SOCIAL SHOCK ABSORBERS

As Il Sole 24 Ore writes, in fact, "at the take-off of Ita a part of this staff could be subject to social safety nets, because unless there is a recovery there would not be enough work". In the meantime, a law will also have to be thought of to be able to transfer activities and personnel to Ita from Alitalia.

AAA ALLIANCE WANTED

And because of the difficulties "Alitalia cannot stand alone," Lazzarini said in a hearing in the Senate. “For the future alliance we are talking with the Delta-Air France-KLM group and the Lufthansa group. With both we start from a blank sheet. Initially, the partnership will be of a commercial nature ".

THE MINI ALITALIA IS MISSING A REAL INDUSTRIAL PLAN

Numbers and hopes aside, for Gaetano Intrieri, an expert in the sector and already a consultant for MIT, a real industrial plan is missing: "A spin off of this type on Alitalia would have been mere utopia and I cannot fail to take note, alas, that the show of politicians, all-scientists, alchemists, fancazzisti and whatever else is going on in a cluster of propaganda illusions free from any industrial logic, ” commented Intrieri. "And while this show goes on, that famous 95% of Alitalia good people are waiting for the INPS with a sensational delay to pay them at least part of their salary," he added.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/come-sara-la-mini-alitalia-ecco-il-piano/ on Thu, 17 Dec 2020 11:51:49 +0000.