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2011 - Bought by Southwest Airlines, AirTran fleet transferred to Southwest and thereby AirTran becomes an inactive subsidiary; Alaska Airlines. 1986 - Acquired Jet America Airlines; 1986 - Acquired Horizon Air, which continues to operate as a separate airline; 2018 - Acquired Virgin America. The merger made Alaska a dominant U.S. carrier in ...
Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as the successor to ...
In November 2003, Alitalia announced that it would cut 2,700 jobs over the next three years to prepare the airline for a merger with Air France and KLM. In April 2004, Alitalia acquired Gandalf Airlines, a bankrupt regional airline, to gain additional slots at several European airports, mainly in Milan (Linate) and Paris (Charles De Gaulle).
Air France-KLM bought 25% of Alitalia for €323 million under a cooperation accord on January 12, 2009. The French as well as the Italian boards agreed to the sale. [23] On January 13, 2009, Alitalia restarted and merged with Air One. The new Alitalia is a private company of Compagnia Aerea Italiana (CAI) and a 25% participation of Air France ...
Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...
The airline’s remarkable growth story from startup to a top-four U.S. airline—along with American Airlines, Delta Air Lines, and United Airlines—made it a business-school case-study favorite.
After the deadline ended on 23 May 2022, only MSC/Lufthansa and Air France-KLM/Certares bid for ITA. [34] As of 31 August 2022, the Italian government has stated their preference for the Air France-KLM/Certares bid, initiating exclusive talks with the group. [citation needed] In its first year of operation, the airline carried 9 million passengers.
Southwest Airlines, the pioneering low-cost carrier, is facing a campaign by an activist investor to overhaul a business model it says is outdated, putting pressure on CEO Robert Jordan and ...