• Home
  • Articles
  • Military Vídeos
  • Archeology
  • Biographies
  • Aviation
What's Hot

Cubans fly 145 km over the sea in a microlight plane and flee to the United States

World’s Largest Commercial Airplane Antonov An-225 Mriya Comes to Flight Simulator

Putin summons 300,000 reservists and makes nuclear threat: ‘it’s not a bluff’

Facebook Twitter Instagram
Sunday, April 2
Adventures in History
  • Home
  • Articles
  • Military Vídeos
  • Archeology
  • Biographies
  • Aviation
Subscribe
Adventures in History
Home » The time has come: who will stay with the Italian ITA Airways?
Aviation

The time has come: who will stay with the Italian ITA Airways?

The time has come who will stay with the Italian ITA Airways

The day has come for which ITA Airways – or rather, the Italian government – ​​was looking forward to, as the deadline for submitting binding offers from companies interested in taking over the successor of Alitalia ended at midnight on July 6 , reports the Aviationline .

A lot has happened since Alitalia closed its doors and the brand new ITA continued the business, in October of last year, still in the midst of a scenario complicated by the company’s pressing economic reality, the pandemic and, later, the war in Ukraine and the soaring price of fuel. A big challenge for sure.

The offers

The Italian press calculates that all this combined led to a devaluation of the company by around 500 million euros, but even so, the offers would have been what Rome expected, given the context.

By all accounts, Lufthansa and MSC together would offer between 800 and 850 million euros, considerably less than the 1 billion it planned to offer and far less than the 1.2 to 1.4 billion that the Italian state has set as ITA value in December 2021.

In turn, the US investment fund Certares would offer between 550 and 600 million, a smaller percentage drop, since initially it had suggested an investment between 600 and 800 million, although with a lower percentage of participation. 

Lufthansa-MSC wants to have control of 80% of the share package. Cerares has not publicly confirmed its expected participation, but it will certainly be larger than Italy intends to forgo.

Another difference between the bidders is the speed to take over the company’s reins: Lufthansa would like to take over immediately, while Certares will need a transitional time to catch up and find an operational partner that will allow it to keep the schemes operational until 2023 to that Air France takes over, together with Delta Air Lines, even if the latter is linked on the purely commercial side.

The truth is that the Italian government is anxious and in a hurry to resolve the offers and can define the new owner later this week: it knows that a delay or a third round of negotiations could lower the price of the ITA even further, in addition to continuing to spend the money from the local people.

Comentários

Share. Facebook WhatsApp Twitter Pinterest LinkedIn Email
Add A Comment

Comments are closed.

Search Form
Don't Miss

(VÍDEO) Fuzil antitanque 20mm tenta penetrar em 16 chapas de aço

Creed: Nascido para Lutar – Filme Completo

Homens de Honra – Filme Completo

Capitão América: O Primeiro Vingador – Filme Completo

Creed: Nascido para Lutar – Filme Completo

ASSISTIR: SPORTV AO VIVO

World’s Largest Commercial Airplane Antonov An-225 Mriya Comes to Flight Simulator

Cubans fly 145 km over the sea in a microlight plane and flee to the United States

Editors Picks

Bubonic plague swept 1/3 of europe; Understand what was so lethal about it

In pictures: Egypt reveals 400 2,500-year-old sarcophagi and ‘treasures’

Creed: Nascido para Lutar – Filme Completo

Russian fighter jets are increasingly frequent at NATO’s borders in Poland

Subscribe to Updates

Get the latest from Adventures in History about Politics, History, News and the world.

Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Home
  • Privacy Policy
  • About Us
  • Contact
© 2023 Adventures in History

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT