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April 27, 2015 9:52 AM ET

Airlines

Company Overview of Alitalia - Compagnia Aerea Italiana S.p.A.

Company Overview

Alitalia - Compagnia Aerea Italiana S.p.A. operates a fleet of aircraft that provides air transportation services to passengers in Italy and internationally. It has hubs in Fiumicino, Linate, Malpensa, Venice, Turin, Naples, and Catania. The company was founded in 2009 and is based in Fiumicino, Italy.

Piazza Almerico da Schio, 3

Fiumicino, RM 00054

Italy

Founded in 2009

Phone:

39 06 65631

Fax:

39 06 65 62 47 33

Key Executives for Alitalia - Compagnia Aerea Italiana S.p.A.

Chief Executive Officer
Age: 58
Vice President of Media Relations
Vice President and Regional Manager of North America
Compensation as of Fiscal Year 2014.

Alitalia - Compagnia Aerea Italiana S.p.A. Key Developments

Alitalia Chief Welcomes Possible Abu Dhabi Investment In Rome Airport

Alitalia - Compagnia Aerea Italiana S.p.A.'s Chief Executive said yesterday that he welcomes a potential acquisition of a stake in Aeroporti di Roma SpA. by an Abu Dhabi investment fund. “We are perfectly aware of the ongoing discussions between Abu Dhabi Investment Authority [Adia] and Aeroporti di Roma. Adia is a suitable stakeholder to be involved in these discussions,” said Silvano Cassano, Alitalia’s new chief executive. “We welcome any investment from Adia in Aeroporti di Roma, but of course we consider ourselves spectators.” Abu Dhabi Investment Authority, however, declined to comment when contacted by The National. The Italian press has previously reported that Atlantia, the company that controls Aeroporti di Roma, is in discussions with several investors from the Arabian Gulf for a potential stake sale. The company reportedly hired Goldman Sachs and Boston Consulting Group in October to advice on the sale of a 20% holding worth around €800 million to interested sovereign and infrastructure funds.

Alitalia Appoints Luca Cordero di Montezemolo as Chairman

Luca Cordero di Montezemolo was appointed as chairman of Alitalia.

Air France To Dilute Stake In Alitalia

Air France-KLM SA (ENXTPA:AF) intends to dilute its stake in Alitalia - Compagnia Aerea Italiana S.p.A. (Alitalia). The transaction is in line with a rescue plan for Alitalia and funds will be invested towards more profitable long-haul routes and lower its dependence on domestic and regional services.

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