Alitalia Successor Is Already Under Attack by Low-Cost Raiders
- Ryanair, Wizz capture swaths of Italian market after pandemic
- Talks on labor, alliances slow ITA’s post-bankruptcy restart
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The successor to bankrupt Italian flag-carrier Alitalia SpA faces an uphill battle to establish itself after low-cost rivals took advantage of the pandemic and a long restructuring process to grab chunks of its home market.
Italia Trasporto Aereo SpA, known as ITA, plans to start services on Oct. 15, after months of talks with European Commission officials over terms of the overhaul and aid previously granted to Alitalia finally produced a deal on Thursday.