Ita-Lufthansa: the agreement is there
“That marriage has to be done and will be done. It is only a matter of days and Lufthansa will join Ita Airways with 40 percent, the company born on the ashes of Alitalia. The agreement could be announced next week “. Il Foglio on newsstands writes it today, which reports sources according to which” in recent days a tightening has been reached on key aspects, such as the financial endowment, the consolidation of the accounts, the role of Fiumicino airport that it would become the hub for direct flights to Africa and part of the routes to America, the integration of purchases as is already the case for other airlines that ended up in the “German air confederation”.
Ita-Lufthansa, announcement next week?
Il Foglio continues: “The proposal presented to Ita in recent months provides for access to the Lufthansa infrastructure not only to sell tickets, but also to optimize costs by operating through a single purchasing center (think, among other things, spare parts) and obtaining valuable discounts Reducing costs is the key to surviving these years of deep crisis. Ita could then participate in the internal projects of the German group ranging from operations to increase revenues to reducing the consumption of kerosene in flights. In the package there is also entry into the transatlantic joint venture with United Airlines and Air Canada, as the main partner and not the second level, to grow in the future without a limit of routes and revenues “.
“It is not yet clear whether Ita will use all the three billion euros allocated by the Conte government and confirmed by Draghi or will limit itself to 1.35 billion announced by Brussels“, Il Foglio continues.” The turning point in the negotiations would also explain why the president Alfredo Altavilla asked the current CEO Fabio Lazzerini to step aside. We will then see in the coming days what other conditions are set by the new industrial partner. The agreement must also get the green light from the European Commission “.
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