Italian carrier Alitalia, grappling with debt and fighting to compete with low-cost rivals, announced Wednesday it has hired the Alberta Ferretti fashion house to redesign its staff uniforms, 18 months after new outfits were unveiled.
The "special collection" will combine "elegance and convenience to ensure that all personnel, both ground and flight staff, are comfortable," the airline said in aRead more
German airline group Lufthansa confirmed its objectives for the full year Wednesday, even as its third-quarter profit fell.
Between July and September — the key summer holiday period for European carriers — Lufthansa’s net profit fell by 17 percent year-on-year to €1.18 billion (SR5.2 billion).
But the decline was largely due to an accounting effect, the airline said in aRead more
Struggling Italian carrier Alitalia received a boost Friday when Rome said it would add 300 million euros ($355 million) to a bridge loan package and extend its deadline for finding a buyer.
"The deadline for the procedure of ceding assets belonging to Alitalia and other societies of the group ... has been extended to April 30, 2018," the government saidRead more
Abu Dhabi's Etihad Airways said Thursday it posted a $1.87 billion loss last year, hit by "one-off" impairments on aircraft and investments in troubled Alitalia and airberlin.
The government-owned carrier said total impairments amounted to $1.9 billion, including a $1.06 billion "charge on aircraft, reflecting lower market values and the early phase out of certain aircraft types."
"There was alsoRead more
Ryanair has made a "non-binding offer" for its loss-making Italian rival Alitalia, the Irish no-frills carrier said on Monday.
"We have made a non-binding offer for Alitalia. As the largest airline in Italy, it's important we are involved in the process," Ryanair said in a statement after Italian media said Friday that about ten such bids had been made.
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Alitalia announced the cancellation of 142 flights scheduled for Tuesday due to strike action which the airline condemned as "incomprehensible".
In a statement Monday it said the flights would be cancelled due to the strike by part of its staff protesting the ending of certain employee benefits.
The Alitalia statement apologised to customers for inconvenience, with airline boss Cramer BallRead more