Alitalia intends to scrap 150-170 of its 340 daily flights from Milan Malpensa as part of a new business plan aimed at stopping the troubled carrier's financial bleeding, Italian media reported following management's meeting with union leaders earlier this week. The airline confirmed last week that it is "no longer able to sustain the negative trend of accumulated and perspective losses." From both a competitive and an economic point of view, it is "no longer able to operate efficiently out ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.