Mediterranean Shipping Co. plans to own a controlling stake in new Italian flag carrier ITA Airways in a deal valued somewhere around US$1.4 billion, which would include German airline Lufthansa. Lufthansa would act as an industrial partner and possibly consider up to 40 percent equity involvement, but some analysts think it is unlikely to make an immediate investment. The airline, exiting restrictions on merger activity that came with its 9 billion-euro government bailout, has paid back … [Read more...] about Lufthansa joins MSC in bid for Italian airline
Alitalia
Alitalia and Royal Jordanian enter into a codeshare agreement
Royal Jordanian and Alitalia have signed a codeshare agreement to offer more travel choices and enhanced network connectivity between Jordan, Italy, and beyond. For travels beginning on 6 February, the agreement will allow Royal Jordanian (RJ) to expand its offer to Italy by placing its “RJ” flight code on Alitalia’s daily Amman-Rome service, which will resume on 26 March 2017, and on the Italian airline’s connections from Rome to the following 16 domestic destinations: Ancona, … [Read more...] about Alitalia and Royal Jordanian enter into a codeshare agreement
Etihad Cargo hosts Italian business, aims to develop cargo out of Parma
Etihad Global Cargo Management Company and the Abu Dhabi Chamber of Commerce have hosted a networking event for 20 industrial powerhouses from Parma, Italy, who collectively represent 3.7 per cent of the Italian GDP, along with 75 representatives from Emirati businesses. The event offered the opportunity for the key industry players to learn more about the UAE and the Etihad Aviation Group, while promoting partnership and business opportunities. It followed the recent signing by Etihad … [Read more...] about Etihad Cargo hosts Italian business, aims to develop cargo out of Parma
Etihad, Italy’s Parma Airport sign agreement to develop cargo services
Etihad Airways and Parma’a Giuseppe Verdi Airport have signed an agreement to develop cargo traffic at the airport of the central Italian city. The exclusive agreement initially includes the establishment of a cargo transit centre at Parma Airport to receive cargo for forwarding to Milan Malpensa Airport for onward transport. The project will be developed in conjunction with Etihad Cargo and partner airlines, providing what the carrier says will be an efficient solution to companies in the … [Read more...] about Etihad, Italy’s Parma Airport sign agreement to develop cargo services
Etihad Cargo rolls out new B777F on Milan-Bogotá route
Etihad Cargo’s new B777 freighter has commenced operations on the Milan Malpensa-Bogotá route following the addition of the new aircraft to the fleet at the end of February 2016 which takes Etihad Cargo’s dedicated freighter fleet to a total of 11 aircraft. The service has been running since November 2014 with a wet lease B747 and this is the first time Etihad’s own aircraft has operated on the sector. The aircraft is capable of transporting over 100 tonnes of cargo on each flight and … [Read more...] about Etihad Cargo rolls out new B777F on Milan-Bogotá route
Alitalia to end deal with Air France-KLM in 2017
Italy's Alitalia announced it will not renew its partnership and joint venture agreements with Air France-KLM when the deal expires in 2017. The partnership, writes Radiocor press agency, concerns the passenger services of the airlines between France, Italy and the Netherlands, along with marketing, the sale and distribution of Alitalia's cargo belly services operated by Air France-KLM. The deals date back to 2009 and 2010. Abu Dhabi's Etihad Airways owns a 49 per cent stake in … [Read more...] about Alitalia to end deal with Air France-KLM in 2017