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'Proposed Alitalia sale will not affect UK'

Air
Edward Robertson
11 May 2017

A leading aviation expert is predicting little impact on the UK market after Italian flag carrier Alitalia entered administration.

The Alitalia brand is set to disappear

The Italian government formally approved the move last week following a vote by its 12,000 staff against a restructuring plan, which had been negotiated with unions in March.

The loss-making airline’s board cited the “serious economic and financial situation of the company” and the “unfeasibility of finding alternative solutions”.

The Italian government has now extended a €600 million bridging loan which it hopes will allow the airline to operate for the next six months.

However, the airline, which has been 49%-owned by Etihad Airways since 2014, is now reportedly being put up for sale.