14 The fact that the Italian government will always have a stake makes me feel like they will continue to be a blocker to making ITA an efficient airline or they will start to give Lufthansa money to prop up ITA's losses even if Lufthansa can ultimately reduce the losses. Lufthansa is the cause of the problem, not the solution. For years, Italy has been trying to privatize its struggling national carrier. With that in mind, a few thoughts and questions: Lufthansa will be acquiring a 41% stake in Italys ITA Airways for 325 million, with the option of acquiring remaining shares of the airline at a later date. The industry leader for online information for tax, accounting and finance professionals. ITA began flying in October 2021. The north of Italy is heavily industrialized and one of Lufthansas primary connecting markets for long haul traffic. It is not clear if or when ITA would leave SkyTeam, join Star Alliance, or otherwise integrate with Lufthansa's Miles & More frequent flyer program. A combined ticket to travel to many new destinations, Time to Think, choose calmly! Match your British Airways status to 19 SkyTeam airlines - Head for Points Economically it makes far more sense for them to have a main hub at Malpensa. [5] It is fully owned by the Government of Italy via the Ministry of Economy and Finance. Sold by. The deal for profit based option to buy is clever because it motivates the Italian government to seek profitability. Anyone remember 'Lufthansa Italia' that folded over a decade ago? The airline reported a loss of around 486 million euros ($527 million) in 2022 its first full year of operations despite earning revenues of 1.58 billion euros from roughly 10.1 million passengers carried. It's not possible for, for example, oneworld to have a comprehensive European network with bases in London, Madrid and Helsinki. As such, the airline's corporate offices are located in the ministry. Rome Fiumicino seen as Lufthansa's new southern hub after ITA deal Our member airlines include many of the worlds top aviation companies as well as smaller, more regional carriers. I'd still expect some long haul routes from Milan though. Country/Region of Residence Select One Please select a country. Between April 2021 and February 2022, Singapore Airlines ran a promotion offering Gold status by transferring 250,000 credit card points to its KrisFlyer program. Spot on. Czech Airlines and ITA passengers. Notably, ITA Airways is a member of SkyTeam, while Lufthansa currently maintains its position in the Star Alliance. toll-free number (24 hours daily, 7 days a week), IMPORTANT INFORMATION FOR DEPARTURES FROM NEW YORK JFK AIRPORT, Plane + Train. Premier Gold, Platinum and 1K customers traveling on a Star Alliance itinerary that includes a flight on a connecting partner will be offered a tailored set of privileges detailed on the specific connecting partner . ITA Airways has signed a 12-month agreement with SkyTeam and at the end of this term, it will decide whether to remain long-term in the Air France-KLM and Delta-led alliance or find other solutions, like joining rival Star Alliance with Lufthansa or United Airlines or pursuing other opportunities.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'airlinegeeks_com-medrectangle-4','ezslot_3',107,'0','0'])};__ez_fad_position('div-gpt-ad-airlinegeeks_com-medrectangle-4-0'); For more than 20 years, the Italian market has been a cornerstone of SkyTeams European network and no other airline alliance connects Italy better to the world. The alliance's founding members were Delta Air Lines, Aeromexico, Air France, and Korean Air. As part of this deal, Italy has also agreed to invest a further 250 million in the airline. 06/06/2023. Ethiopian Airlines. About us The Network Passenger rights The Skyteam Alliance Safety video Together for a more . Then he pursued his passion further by obtaining a Masters Degree in Air Transport Management at Cranfield University in the U.K. followed by holding several management positions at various start-up carriers in Europe (Jet2, SkyEurope, Silverjet). Do not translate text that appears unreliable or low-quality. Please note possible operating carriers. The airport you entered could not be found. Italy is a country of 60 million people and the third-largest economy in the EU. SkyTeam-ITA It depends on whether the Italian governments stake allows for a control of the board. Since ITA Airways was formed in October 2021, several parties have expressed interested in acquiring the airline. Get status matched with ITA Airways, a member of the SkyTeam Alliance They enable you, among other things, to navigate through the website and use essential functions, such as access to secure areas of the website. We all know how that ended. Hopefully with LH running day-to-day we could see more of a shift to Milan. Arab Emirates (Abu Dhabi - also from Milan with a direct flight). Lufthansa is the cause of the problem, not the solution. Currently as a member of SkyTeam , most feed would be via Amsterdam or Paris as Air France KLM have a comprehensive network, although it means backtracking. Thanks to its network, ITA Airways provides full coverage of Italy and offers direct connecting flights to major European capitals, Mediterranean destinations and the fastest growing intercontinental markets for traditional tourism and business. With ITA Airways on board, SkyTeam's 700 million customers will continue to enjoy seamless connections to key destinations across Italy. Your feedback is important in helping us keep our community safe. I should know since I live in his head rent free! Thus, we can expect ITA to join the German carrier's alliance shortly after the acquisition. None of the Italian airlines ever provided rival connections at the level of LH. 12 "ITA can't be a stand-alone carrier forever," Altavilla said, although he said the new carrier would not sacrifice its Rome Fiumicino and Milan Linate airport hubs to please a future partner. ITA was established in late 2020 from the ashes of bankrupt Alitalia, and has yet to turn a profit. For an explanation of our Advertising Policy, visit. I think the main problem that is crippling AZ's profits is that they chose Rome as their main base, which is mostly leisure-based, instead of Milan, which has the highest amount of business travellers in Italy. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. As a young company with a modern fleet, and with its efficient and expanding hub in Rome, ITA is a perfect fit for Lufthansa Group. Lufthansa's Strategy for ITA Airways: Investment, Codeshare, and the Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. The purchase price will be based on the business development of ITA Airways. Italy is Lufthansa Groups most important market outside the groups home base countries and the United States, which is why this acquisition is so important to Lufthansa Group. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The 3 Major Airline Alliances: Star Alliance, oneworld and SkyTeam The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. The German conglomerate paves the way to adding the Italian flag carrier to its network. Moreover, the plan includes ITA's exit from SkyTeam to join Star Alliance and integrate into the transatlantic joint venture . Lufthansa has an uphill battle with making this investment profitable. I'll add that with recent additions and renovations, FCO is now one of the most pleasant airports in Europe from the passenger's perspective, and I'd be happy to connect there. All quotes delayed a minimum of 15 minutes. ITA To Become Italy's New National Airline, Replace Alitalia [20] The document noted the airline's intention to start flying to New York-JFK, Boston and Miami in 2021, Los Angeles and Washington-Dulles in 2022, and Chicago-O'Hare and San Francisco in 2023. ITA Airways prefers to join SkyTeam | AirInsight If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. An example of data being processed may be a unique identifier stored in a cookie. American Airlines Boosts Popular Texas Route, Air Canada Increases Capacity to Winter Sun Network Above Pre-Pandemic, Passenger Opens Door on Asiana Airlines Aircraft Mid-flight, Trip Report: Contour Airlines Essential Air Service from Plattsburgh, NY to Philadelphia, Croatian Passport Controls on Intra-Schengen Flights to Remain Until March 26, Southwest Airlines Expands Its Networks, Grows At Long Beach Airport, GoFirst Gripes With Pratt & Whitney Ahead of Relaunch, Kenmore Air Partners with Alaska Airlines. ITA / Alitalia? The 'From' and 'To' airports cannot be same. ITA Airways | Volare | SkyTeam 08 09 Italy is a country of 60 million people and the third-largest economy in the EU. He covers anything and everything to do with the business of running an airline. Unless ITA plans to add at least 40 destinations, and thats subject to government approval, it wouldnt work. The information on the site covers all member airlines and the complete network, all schedules, lounges and - as of recently -also all CoVid-19-related measures and rules. They enable you, among other things, to navigate through the website and use essential functions, such as access to secure areas of the website. Flights from Italy with Star Alliance member airlines | Star Alliance Shenzhen Airlines Copa Airlines Alitalia belonged to SkyTeam, and ITA Airways has joined the SkyTeam alliance as well. Please enter correct data as shown in the image. The Germany-based consortium previously struggled to build a foothold in Italy, squeezed out by competition from Alitalia (or ITA) and its SkyTeam partners, along with low-cost carriers like EasyJet and Ryanair. British Airways Gold is being matched to 'Executive' which is the top tier. [31][32] After the deadline ended on 23 May 2022, only MSC/Lufthansa and Air France-KLM/Certares bid for ITA. Airports Served. Some of these cookies are indispensable for the operation of the site, some add convenience, and some help to individualise the site to your location or frequent flier status. Croatia (Split and Zagreb), Czech Republic (Prague), Latvia (Riga - also from Milan with a direct flight), Luxembourg, Romania (Bucharest, Baia Mare, Cluj Napoca, Iasi, Oradea, Satu Mare, Suceava,Timioara), Serbia (Belgrade - also from Milan with a direct flight). The consent submitted will only be used for data processing originating from this website. After moving to Canada, he was Business Development Manager for IATA for nine years before turning to his other passion: sports writing. Brussels Airlines I am excited about ITA Airways hopefully joining Star Alliance, since maybe well finally see partner award redemptions on the airline. I wish we'd at least see LO leave M&M (if not *A altogether). SkyTeam and our members look forward to working with ITA Airways to establish long-term partnership opportunities going forward.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'airlinegeeks_com-box-4','ezslot_4',103,'0','0'])};__ez_fad_position('div-gpt-ad-airlinegeeks_com-box-4-0'); Alfredo Altavilla, Executive Chairman of ITA Airways said, Joining SkyTeam is a natural step, enabling us to continue to deliver a global network and seamless experience that customers flying to and from Italy expect. Official: Lufthansa Investing In Italys ITA Airways, Lufthansa Group acquiring 41% stake in ITA Airways, ITA Airways will become a Lufthansa Group airline, My take on Lufthansas ITA Airways investment, ITA Airways has joined the SkyTeam alliance. These cookies are necessary to run the core functionalities of our website. Each airline maintains its own individual style and cultural identity, bringing the richness of diversity and . Good point! Please select a valid To Airport Frankly, I dint fly neither LH nor AZ . You forgot to mention pizza, mandolins and the mafia to your string of idiotic clichs. Lufthansa Group CE Carsten Spohr argues the relatively weak market share of ITA Airways means there is a case for European regulators to deliver an early approval for its planned acquisition of a stake in the Italian carrier. With the expanded fleet, the airline plans to open new routes from Rome to San Francisco, Washington, Riyadh, Jeddah and Kuwait City. ITA is majority owned by the Italian government via the Ministry of Economy and Finance. One way. The same document stated that prior to the start of its flight operations, planned for 15 October 2021, ITA would acquire certain assets from Alitalia Societ Aerea Italiana S.p.A., and that ITA would also participate in a public tender to acquire the "Alitalia" brand. The airline will be named ITA, and the plan is for it to be a full service, global airline. We may receive compensation when you click on links to those products. By Alexander Mitchell . Compare the cost in points or miles to cash, and see which option is best. United Does it make sense to have a common arrival bank in the morning from both China and USA in Rome to feed day-time flights to Africa and African returns as night flights/red-eyes? TAP Air Portugal These cookies are necessary to run the core functionalities of our website. any ITA takeover will require a Rome focus, anything else will not be allowed of if it does, then it will be political sabotage. Individualisation Aegean Airlines [26] The Pope's flight is often nicknamed "Shepherd One" by the press, while the actual callsign is "Volo Papale" (papal flight, in Italian) followed by a serial number. Depart 20 Then LH can swoop in and dance on that grave for much less money than the cost of buying ITA now. You can find more details regarding the cookies belonging to the category "Necessary" in our Cookie Information. Star Alliance Member Airlines. ANA With such a low market share of ITA, which is the probably lowest of all national carriers in Europe, and such a strong market share of the strongest low-cost airline in Europe, Im sure they will appreciate now there is fair competition again which the consumers to and from Italy will take advantage of.
, Spohr sees ITA low market share making case for quick competition approval, https://portal.staralliance.com/cms/news/hot-topics/2023-05-29/star/spohr-sees-ita-low-market-share-making-case-for-quick-competition-approval, https://portal.staralliance.com/cms/logo.png, https://www.flightglobal.com/strategy/spohr-sees-ita-low-market-share-making-case-for-quick-competition-approval/153472.article, Heres what happens when your lawyer uses ChatGPT, Lufthansas Italian job means overcoming Alitalias lost decades, Rome Fiumicino seen as Lufthansa's new southern hub after ITA deal, EgyptAir flight from Cairo blows tire during landing in Saudi Arabia, Jet door opens in flight, but plane lands safely, Asiana stops selling A321-200 emergency seats after man opened aircraft door mid-air, SIA, Scoot aircrew need not wear masks from June 1; some staff raise concerns. You will find more information regarding cookies and "Individualisation" Cookie Information. Together, they offer easy connections to almost any destination in the world. I agree with MaxPower, LH's control of the market is getting ridiculous. Official: Lufthansa Investing In Italy's ITA Airways To The last thing we need is even bigger Lufthansa Group. ITA - Flight tickets - Domestic and international flights Opinions expressed here are the authors alone, and have not been reviewed, approved or otherwise endorsed by any of these entities. In Milan, ITA serves a strong catchment area which also offers potential for growth. While Italy is a huge tourist destination, its a tough market for a global network carrier; the country doesnt have great geography for transatlantic connections to Western Europe, Italy is more of a leisure-oriented destination, competition on short haul flights from ultra low cost carriers is fierce, etc. [42], ITA Airways codeshares with the following airlines:[43], ITA Airways has interline agreements with the following airlines:[66]. 02 [8][9] With multiple failed attempts to make the airline profitable, the airline was placed under extraordinary administration in 2017 just days after Etihad Airways ended its support of Alitalia. Alitalia refused to do so and the merger didn't happen. Please view our advertising policy page for additional details about our partners. The airline will, After operating for two decades, Qantas Airways first Boeing 717 with registration VH-NXI will bid farewell to the airline in. [23][22], On 22 October 2021, former Alitalia employees who had not been rehired protested against ITA. Together, they offer easy connections to almost any destination in the world. Avianca New flights to San Francisco and Washington, Start earning points with the Volare program. Specify the number of connections you are willing to make. EGYPTAIR Swiss was a mess too when they bought it and now its a star performer in the group. Where do we even begin here? Sign up for TPGs free biweekly Aviation newsletter. These cookies can be used to filter content we show you, e.g. What Samo said. Click on a logo to learn more about each one: We use cookies to optimize your experience on our website. April 2006. Italy's ITA Airways Joins SkyTeam Alliance - One Mile at a Time I think what would make sense is to leverage Rome's proximity to Africa to serve as Lufthansa's group gateway to the continent, aggregating traffic from China and from Americas through there. Most helpful comments ( as chosen by the OMAAT community ). In this post: ITA Airways is now a SkyTeam member Is SkyTeam the best option for ITA Airways? Invalid Departure Date *Operating seasonal flight for the summer 2023. the remaining shares "based on the business development of ITA Airways." Some of our partners may process your data as a part of their legitimate business interest without asking for consent. New: Buy Lounge Access for selected lounges. LH deal would be more similar to the NK/B6 tie up (even though they have a shared hub in FLL that is going to be a big hurdle). [83], Media related to ITA Airways at Wikimedia Commons, Itapemirim Transportes Areos (20202022), Italian Permanent Representative to the European Union, United States Department of Transportation, "Alitalia Successor ITA Moves Closer to Mid-October Launch", "The Aviation Codes Website - Airline Codes beginning with", "I numeri di Ita Airways, dai dipendenti alle rotte", "What U.S. Travelers Should Know About Italy's New Airline", "Alitalia Rescue Plan Receives Governmental Green Light", "Alitalia to Start Bankruptcy Process as Workers Spurn Bailout", "Italian Government Takes Full Control Of Alitalia", "Rome to take full control of Alitalia in June: minister", "Alitalia, nasce la Newco. SkyTeam is dedicated to creating a seamless customer journey for its passengers thanks to all its members working together to connect millions of passengers across the globe offering a wide selection of frequencies and a strong connectivity. For more details, please visit our. Lombardy is considered to be Switzerland compared with anything south of Florence. Heres how Lufthansa Group CEO Carsten Spohr describes this deal: Todays agreement will lead to a win-win situation for Italy, ITA Airways and Lufthansa Group. Not all Star Alliance Member Airlines or all fares/options are shown. Photo: Getty Images Airline alliances have grown over the years to form an integral part of the passenger aviation industry. We use cookies to ensure that we give you the best experience on our website. About Us | ITA Airways We knew that Lufthansa had been in discussions with ITA Airways for quite some time, but an agreement has now been reached. But reports/rumours (and so far all have been true) say that ITA has to maintain Rome as main base as two bases don't make sense or sth given the size of ITA. Air dolomti says everything about the problem today. Then, once Lufthansa is able to magically fix the airline, it will have the option to purchase (most of?) Dear customer,before proceeding we consider it appropriate to inform you that, at the moment, the Volare area, the registration, your personal area and the correspondence relating to participation in the program are only available in Italian and English.ITA Airways has already taken steps to ensure that the entire Volare program and the connected communication flow are made available as soon as possible in the language of your country. It's not possible for, for example, oneworld to have a comprehensive European network with bases in London, Madrid and Helsinki. [21][22][23][73] The company proposed the Airbus A321LR for long-haul destinations in the Middle East (like Kuwait City, Riyadh, Jeddah) and Central Africa (like Dakar, Addis Ababa). the ability to access lounges when you travel. The airport you entered could not be found. On 30 September 2021, ITA announced that it would work with Airbus as a "strategic partner", providing details of its fleet plans. 41 For years, Italy has been trying to privatize its struggling national carrier. The real challenge will be for UA which is competing directly against its JV partner since ITA is not a part of the LH JV. Star Alliance connecting partners. Both 'Premium' and 'Executive' are 'Elite Plus' when it comes to SkyTeam alliance-wide status, which gets you lounge access with a guest at SkyTeam operated lounges. [citation needed], Volare is the airline's loyalty program, through which customers accrue points based on miles flown. I cant help but wonder if Lufthansa will face regulatory approval with this purchase, given that the airline already owns Air Dolomiti, I mean, the European Union is trying to block the Asiana and Korean Air merger, so youd think this would pose a much bigger risk to competition in Europe, Even with Lufthansa initially only owning a minority stake in the airline, hopefully the Lufthansa is put in charge of day-to-day operations, or else I could see co-owning the airline with the Italian government being challenging.

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