Posted in Airlines, Passengers, tagged Air France, Air France-KLM, Alitalia, Bid, Buy, Lufthansa, Millions on January 14, 2009 | Leave a Comment »
Air France announced that it has agreed to pay 25% of stake in Italy flag carrier Alitalia for $432 million. CAI, the current owners of Alitalia seem pleased on selection of Air France – KLM over Lufthansa that had bid on the stake too. From Mizozo.com -
Alitalia declared bankruptcy on Aug 29th 2008 and has [...]
Posted in Airlines, Airports, Passengers, Travel Woes, tagged Alitalia, Budapest, Hungary, Malev, Protests, Rail, Strike, Wizz Air on December 15, 2008 | 1 Comment »
Rail workers had been staging a strike which has reached its 6th day. The strike is in support of higher wages. The strike initially caused delays but brought almost all trains to a halt on Monday (December 15th 2008).
There are separate strikes at the airport too – “Separately, a strike by two unions at Budapest [...]
Posted in Airlines, Pilots, Planes, tagged Achille Zaghetti, Air Alitalia, Alitalia, Britain's National Archives, Cigar shaped UFO, Fighter Pilot, Secret, Secret Revealed, Shoot down, UFO, UFO Sightings, UK, X-files on October 22, 2008 | 9 Comments »
The story came out a week back and is still developing. Recently Britain’s National Archives revealed a document that enumerates unexplained UFO sightings from 1986 to 1992.
Details of the Document (from CTV)
The more than 4,500-page online document is the second batch of
testimonies chock-full of shimmering objects, mysterious crop circles
and creatures from another dimension collected by [...]
Posted in Airlines, Airports, Passengers, Travel Woes, tagged Alitalia, Athens, Cease, Flag Carrier, Greece, Olympic Airlines, Pantheon Airways, Protests, Sale on September 30, 2008 | 7 Comments »
Greece announced today that it has launched a tender to sell off its state carrier Olympic Airlines (Greek: Ολυμπιακές Αερογραμμές, Olympiakés Aerogrammés – OA). Pantheon Airways and two other
holding companies have been created which in turn would be sold off.
Assets that will be transferred to Pantheon Airways -
Right to use the Olympic brand logo
Airport slots
Aircrafts
IT [...]
Posted in Airlines, Passengers, tagged Air Frane KLM, Alitalia, Back on, CAI, Good News Everyone, Italy, Rescue, Rome, Silvio Berlusconi on September 26, 2008 | Leave a Comment »
After last week of canceling flights and Italian Prime Minister Silvio Berlusconi’s comments, everyone was waiting for the final shutdown. But yesterday, the airline’s largest labor union reversed course and agreed to concessions contained in the rescue plan
proposed by investment group CAI, which now may include Air France KLM.” The Italian media has reported that [...]
Posted in Airlines, Passengers, Travel Woes, tagged Alitalia, Alitalia Airlines, CAI, Cancelations, Fiumicino Airport, Rome, Withdrew on September 19, 2008 | Leave a Comment »
Alitalia confirmed today that -
20-30 flights were canceled from Rome’s Fiumicino Airport (though it was attributed to “technical reasons”)
And no, it has not run out of jet fuel (despite earlier stories for the same)
Earlier CAI, the consortium of Italian investors, withdrew their offer to rescue the airline due to opposition for the labor/trade unions.
In my [...]
Posted in Airlines, Passengers, Pilots, Travel Woes, tagged Air France-KLM, Alitalia, Bankcrupt, CAI, Compagnia Aerea Italiana, EU, European Union, Financial Mess, Italy, Linee Aeree Italiane, Rome, Shutdown, Takeover on September 17, 2008 | Leave a Comment »
Alitalia (or Linee Aeree Italiane S.p.A), the flag carrier airline of Italy is going thorugh difficult times but this is not new for the airline with the exception that under the EU rules, the government cannot inject cash into the failing airline like they had been doing before.
The airline had been attributing financial woes due [...]
Posted in Airlines, tagged Air France-KLM, Alitalia, bankrupt on April 3, 2008 | Leave a Comment »
On April 2nd 2008, three hours before the deadline, Air France-KLM ended its efforts to acquire Alitalia due to failure to reach an accord with Alitalia’s trade unions. AF-KLM had submitted its final offer three weeks ago which was contingent on trade unions agreement, arguing that there can be no profitability without union’s support.
Next step [...]
Mizozo
