Air France-KLM, Delta examining ways of keeping Alitalia in SkyTeam

By Reuters, February 22 2018
Air France-KLM, Delta examining ways of keeping Alitalia in SkyTeam

Air France-KLM and its U.S. partner Delta Air Lines are studying ways of keeping Alitalia inside the Skyteam alliance - but without Air France-KLM being a buyer, Chief Executive Jean-Marc Janaillac said on Friday.

"We are not a potential buyer so we did not participate in the process," Janaillac told a news conference, adding the Franco-Dutch airline group has not had access to Alitalia data.

Lufthansa, which leads the rival Star Alliance and has its own North Atlantic joint venture, has said it would be interested in a bid but only if Alitalia could be restructured.

Janaillac said that given the publicly-known offers so far, there was a risk that Alitalia could leave Skyteam and the North Atlantic joint venture, which would have a negative impact for Air France-KLM.

Air France-KLM and Delta last year rejigged their North Atlantic alliance, bringing in Virgin Atlantic, which had a separate joint venture with Delta.

"Also, we are working (on) a new joint venture in the Atlantic with a specific role for Alitalia and it would also be quite negative to have Alitalia not as a partner but as a competitor on these North Atlantic routes," he said.

The Italian market is of interest to airlines because of the high demand from tourists from all over the world wanting to visit the country.

British low-cost airline easyJet said last month that it was interested in parts of Alitalia, and that discussions were ongoing. However, it is only interested in short-haul operations, so a separate buyer would have to be found for long-haul routes.

Qantas - Qantas Frequent Flyer

18 Oct 2012

Total posts 133

Good luck with all that ..The chances of Alitalia restructuring are zero to none.

Qantas - Qantas Frequent Flyer

08 Sep 2012

Total posts 236

Sadly I totally agree. The Alitalia staff have historically waged war against any management that tried to restructure. There is a mentality that the government will step in to save them. It's a shame as they're digging their own graves and any airline that picks up the pieces won't given them anything near what they have now. Or even a job itself.


Greece's Olympic Airways staff did the same, and they folded. Most front line staff didn't get jobs with competitors who wanted fresh blood minus the baggage. So the majority ended up unemployed, bitter and twisted about what 'should' have been.

I fear the same for many Alitalia staff. And they'll only have their union to blame.

Joe
Joe

03 May 2013

Total posts 684

Another basket case airline because the work ethic just sadly isn't there...it's all about entitlement as it was with Olympic.


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