Editor in chief:
CLARA MOSCHINI

Airplanes. Italian Aduc on Alitalia: "It cost EUR 7,4 bn to the contributors in 40 years. Better to bankrupt it"

Rome, Italy - It lost EUR 400 million last year, more than a million per day

Primo Mastrantoni, secretary of ADUC (Italian users' rights Association), unveiled in a press release that: "Alitalia is cost EUR 7.4 bn to the contributors in forty years (from 1974 to 2014), according to the data by Mediobanca. It lost EUR 400 million last year, more than a million per day. The various concert parties to save the 'Italian character' of it have failed. The contribution of fresh capital by Etihad has not been of help, the entry by Poste Italiane weighs on the debt on taxpayers, the union liturgies continue (they have not understood). Now again a business plan is developing to relaunch Alitalia. Probably it will not be necessary because on the flights shortly there is cruel competition by Ryanair and on long range time is required (the other airlines are arranging) and investments essential to find (who invests on a carrier in these conditions?). The risk is that a State's intervention is outlined, similarly to what happened with the banks continuing, in such way, to pour contributor's money in a reservoir without end. It is better to bankrupt Alitalia and then to restart".

fra/pec - 1201417
World Aeronautical Press Agency
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