Alitalia successor Airline starts with a small fleet

Thursday, December 24, 2020

Italia Trasporto Aereo (ITA), the Italian airline will rise from the nationalization of Alitalia, and hence decided begin with a fleet of 52 planes to serve in 61 routes. This flyer will include a staff range of between 5,300 and 5,500 people.

Italia Trasporto Aereo (ITA), the Italian airline has presented their new business plan for the next five years. And as per this plan, they will begin with a fleet of 52 planes and will serve 61 routes. In the coming year, the company would target routes where it expects traffic to increase again first. More broadly, ITA plans to focus on markets where Italy has close business and tourism ties.

The new services will work to differentiate it from low-cost airlines by offering flights at times that suit business and leisure travellers. The airline could start operations next April, manager Fabio Lazzerini said recently. It would be based in Rome Fiumicino and Milan Linate.

ITA said it would invest 2.9 billion euros (3.5 billion dollars), most of which would be spent on the fleet, and 300 million euros for digitalization. The airline seeks to generate annual revenues of 3.4 billion euros by 2025. ITA is due to present the plan to the Italian parliament soon.

Alitalia, a national symbol, had received several million-euro state loans, alongside 3 billion euros amid the crisis unleashed by the pandemic.

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