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Alitalia plan, four-party government summit for the newco

It will be a pre-council of ministers. On Wednesday there will be a four-way summit between the departments involved on Alitalia to find the right place for the new company that will inherit the management of the now 100% nationalized company. In addition to the Mef, the heads of Transport, Labor and Development will participate, the latter being central in the infinite age of extraordinary administration because it is directly responsible for the commissioner’s management.


Sources speak of the need to find a government synthesis to start the newco with an initial endowment of only 20 million, preparatory to the drafting and necessary approval of the industrial plan by the EU Commission which will have to register the open discontinuity of the carrier with the insolvency procedure so as not to conflict with the legislation on state aid. The decisive political issue remains that of redundancies and the involvement of the Ministry of Labor led by Nunzia Catalfo decisive for the transition phase which foresees between 2,500 and 4,000 redundancies, all to be managed with the social safety nets already widely used in previous renovations. The constitution process provides for the simultaneous appointment of the top management, now in pectore, by decree: that is, the managing director Fabio Lazzerini and the president Francesco Caio. Both are working on the relaunch project with the advisors Deloitte, Oliver Wyman and studio Grimaldi, but time must not be wasted. They have to structure the top team early by drawing interesting profiles on the market.


We need to plan the 2021 season and we need it by October the flight operations framework is defined in such a way as to enter into contracts with tour operators and lessors for charter aircraft. More than someone notes the stalemate that has arisen after months of negotiations between political forces. Of course it greatly affects the Covid-19 crisis which has eliminated intercontinental demand, inevitably forcing the elimination of Alitalia’s offer in this segment. For September, the resumption of the direct connection with Buenos Aires and the activation of the route between Rome and Tokyo had been announced but a postponement was decided. The risk that if Alitalia is not accelerated it will end up in the queue at the starting line of global air transport which has been destroyed by the pandemic. We have to renegotiate all contracts and get there ready. with a proper frontline, it means not sitting down to deal with suppliers, including Airbus and Boeing, in a weak position.

In the Augustan decree – accused by many as shy about resources intended for the company – it was written that it will be up to the Board of Directors to draw up and approve an industrial plan for the development and expansion of the offer which includes structural and product strategies. With the establishment of one or more subsidiary or investee companies for the management of the individual business lines and for the development of synergies and alliances with other public and private entities, both national and foreign. The handling and maintenance may be transferred in part or in full. For the aviation part, there are rumors of contacts with Lufthansa. It would mean Alitalia’s exit from the SkyTeam alliance and entry into StarAlliance.

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