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2013 - Acquired by US Airways, keeping the American Airlines name. Currently the world's largest carrier. 2019 - Purchased a 3% stake in China Southern Airlines; Braniff International Airways. 1982 - South American routes was purchased by Eastern Air Lines; Continental Airlines. 1934 - Begins as Varney Speed Lines; 1982 - Acquired Texas ...
In December, Continental received regulatory approval to partner with Alitalia, bringing membership of the nascent alliance to four. Other airlines which had expressed interest in joining included Malaysia Airlines, Air China, Air Europa and Garuda Indonesia. Numerous disputes would prevent Wings from ever taking flight, however.
Alitalia - Linee Aeree Italiane S.p.A. was established on 16 September 1946 as Aerolinee Italiane Internazionali (Italian International Airlines). It was formed as a result of an Anglo-Italian agreement and was funded by the Italian government and British European Airways (BEA) in a 60/40 share arrangement with a capital of 900 million lire (£ ...
The merger presentation on Thursday pointed out that whereas Star Alliance has a 45% share of U.S. international capacity today (versus 30% for SkyTeam and 26% for Oneworld), Star's share will ...
On February 14, 2013, it was announced that American Airlines and US Airways would merge, retaining the American Airlines name and would remain in the Oneworld alliance. US Airways' participation in Star Alliance lapsed. In 2012, in South America, LAN Airlines and TAM Airlines began their merger.
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 ...
Snagging a low fare on a plane ticket is a great feeling—until you're hit with extra fees. While domestic airfares dropped by 5.8% between April 2023 and 2024, today's budget-conscious travelers ...
Alitalia reported net losses of more than €3.7 billion between 1999 and 2008. Previous state aid to Alitalia included some €1.5 billion in 1998 from the government of premier Romano Prodi. In 2002 Alitalia received a capital increase of €1.432 billion under the government of Silvio Berlusconi. In 2004 the Berlusconi government gave a € ...