{"id":1137,"date":"2016-05-03T03:48:19","date_gmt":"2016-05-03T08:48:19","guid":{"rendered":"http:\/\/planesintheair.com\/?p=1137"},"modified":"2016-05-03T04:17:49","modified_gmt":"2016-05-03T09:17:49","slug":"alitalia-airlines","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=1137","title":{"rendered":"Alitalia, national flag airline of Italy, reports 2015 net loss"},"content":{"rendered":"

Alitalia<\/strong>, the national flag airline of Italy, reported a net loss for 2015 of \u20ac199 million. That was down from a loss of \u20ac580 million in 2014, as the SkyTeam alliance member confirmed its turn around is still on track. Alitalia plans to return to profitability by 2017, as it works to execute the company\u2019s three year turnaround plan.\u00a0Alitalia reported total\u00a0revenue for\u00a02015 of \u20ac3.3 billion,\u00a0and an average flight load factor of 76.2% for the fiscal\u00a0year. The company is focusing\u00a0on efforts to\u00a0improve its\u00a0service, update its aircraft fleet and route networks, and reduce\u00a0operating losses.<\/p>\n

Alitalia still facing headwinds in its restructuring<\/h2>\n

Alitalia is still facing some very considerable headwinds as it seeks a return to profitability.\u00a0There was a fire that broke out at the Rome Fiumicino International Airport on May 7, 2015. This fire caused major damage to the facilities, and caused severe\u00a0disruptions in operations that are\u00a0estimated to have cost the airline \u20ac80 million. This fire also resulted in my wife and I almost missing our Lufthansa flight from Rome to Munich on the 11th of May. Our flights departure was relocated to Terminal 2 from Terminal 3, where the Lufthansa ticket counter was located. It also appeared that the agents at the ticket counter were engaged in a work slow down. The line hardly moved until about 15 minutes before the scheduled departure time. Then, they rushed us all through, telling us we now had to go out and over to the other terminal to catch our flight. Some other issues that Alitalia has faced included the suspension of\u00a0their\u00a0route between Rome and Caracas. The airline\u00a0pulled the plug on that route as a result of the Venezuelan government\u2019s refusal\u00a0to allow the repatriation of foreign currency\u00a0from their country. They also suffered decreased load factors on their Paris routes\u00a0following the terrorist attacks on the “City of Lights”.<\/p>\n

There are positives that\u00a0Alitalia reported. These include rising revenue from\u00a0the airlines codeshare partnerships. The biggest of these partners is Etihad Airways of Abu Dhabi. The two carriers shared more than 450,000 passengers between their two networks in the last fiscal year.\u00a0Etihad Airways bought a 49% stake in Alitalia in 2014 for \u20ac387.5 million. Another big partner for the Italian air carrier is Air Berlin. Those two carriers are working to improve their network connections across Austria, Germany, Italy,\u00a0and Switzerland. On time performance also rose to 80.2%, and the airlines share of the Italian air travel market rose to 30%.<\/p>\n

1 Euro = 1.16 US Dollar<\/p>\n

\"Version<\/p>\n

Leonardo da Vinci Fiumicino Airport<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Alitalia, the national flag airline of Italy, reported a net loss for 2015 of \u20ac199 million. That was down from a loss of \u20ac580 million in 2014, as the SkyTeam alliance member confirmed its turn around is still on track. Alitalia plans to return to profitability by 2017, as it works to execute the company\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[257,137,258],"class_list":["post-1137","post","type-post","status-publish","format-standard","hentry","category-aviation-news","tag-alitalia","tag-lufthansa","tag-rome-airport"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/1137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1137"}],"version-history":[{"count":9,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/1137\/revisions"}],"predecessor-version":[{"id":1147,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/1137\/revisions\/1147"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}