Author Topic: Alitalia  (Read 2766 times)

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #30 on: February 28, 2017, 03:19:28 PM »
Alitalia Is Expected To Run Out Of Cash Within A Month
http://www.italy24.ilsole24ore.com/art/business-and-economy/2017-02-23/alitalia-175049.php?uuid=AEyM29b
I remember them being in very dire situation a couple of years ago, which is when Etihad stepped in (or increased their investment).

From the article it's obvious that they have a problem with Low Cost competition. IMO another one of their problems is the FCO hub, not a great airport to transit through.

Offline PPM

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2013
  • Posts: 173
  • Total likes: 1
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: jerusalem
Re: Alitalia
« Reply #31 on: March 02, 2017, 10:48:45 AM »
I have tickets with alitalia in April. Is there a chance they will still be flying or should I just think of making Pesach myself?

Offline David Smith

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2015
  • Posts: 8044
  • Total likes: 143
  • DansDeals.com Hat Tips 13
    • View Profile
Re: Alitalia
« Reply #32 on: March 02, 2017, 10:51:46 AM »
I have tickets with alitalia in April. Is there a chance they will still be flying or should I just think of making Pesach myself?
Worst case scenario, I think there are a couple more airlines around.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #33 on: March 02, 2017, 11:31:18 AM »
I have tickets with alitalia in April. Is there a chance they will still be flying or should I just think of making Pesach myself?
How long ago did you buy your tickets?

There are some travel insurance policies out there that would protect your from financial default of the airline (though on occasion they might exclude certain airlines), buy usually that coverage is only provided if purchased within a certain period of paying for travel.

Offline PPM

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2013
  • Posts: 173
  • Total likes: 1
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: jerusalem
Re: Alitalia
« Reply #34 on: March 02, 2017, 01:39:24 PM »
How long ago did you buy your tickets?

There are some travel insurance policies out there that would protect your from financial default of the airline (though on occasion they might exclude certain airlines), buy usually that coverage is only provided if purchased within a certain period of paying for travel.

I booked in November from TLV - JFK for about $500 a ticket.
Does the insurance put you on another airline or they jut refund?
It was booked with amex so I hope they will refund me.

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #35 on: March 02, 2017, 06:14:57 PM »
I booked in November from TLV - JFK for about $500 a ticket.
Does the insurance put you on another airline or they jut refund?
It was booked with amex so I hope they will refund me.
I don't have any experience with this kind of insurance (financial default of an airline is not that common).

I would assume that they reimburse you, I really don't know. There are websites that aggregate travel policies so you can see what's available and compare. I've checked insuremytrip.com a couple of times when I was looking into getting coverage for myself or others.

Online B.D.Da'ehu

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2012
  • Posts: 3199
  • Total likes: 23
  • DansDeals.com Hat Tips 124
    • View Profile
  • Location: Jerusalem!
  • Programs: Hertz PC, National EE, Sixt Platinum, SPG Gold, Hilton Gold, Hyatt Platinum
Renting a car in Israel? Best deals guaranteed. PM me.
Or email bddtravels@gmail.com
Flights as well.

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #37 on: March 16, 2017, 09:39:58 PM »
If kicking the can down the road would be introduced to the Olympics, the Europeans would ace the game, though it would be tough competition between the Italians, the French, and the Belgians.

Online B.D.Da'ehu

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2012
  • Posts: 3199
  • Total likes: 23
  • DansDeals.com Hat Tips 124
    • View Profile
  • Location: Jerusalem!
  • Programs: Hertz PC, National EE, Sixt Platinum, SPG Gold, Hilton Gold, Hyatt Platinum
Renting a car in Israel? Best deals guaranteed. PM me.
Or email bddtravels@gmail.com
Flights as well.

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #39 on: March 19, 2017, 10:55:08 AM »
https://www.alitalia.com/en_il/fly-alitalia/news-and-activities/news/info-strike-20-mar.html
Looks like mostly European flights affected
 812/815 between FCO and TLV are affected, but other TLV flights aren't listed, nor are NYC or MIA flights. That being said it is Alitalia, and Italian unions, so anything can happen.

Online Z56

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2014
  • Posts: 1432
  • Total likes: 28
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NYC, TLV
  • Programs: SPG Gold, Marriot Gold, Hilton Gold, National EE, Hertz GP, Avis PP
Re: Alitalia
« Reply #40 on: March 19, 2017, 11:32:51 AM »
Would if effect flights departing march 21, due to inbound aircrafts ?
True friends are like diamonds, precious and rare. False friends are like leaves, found everywhere.

Offline PPM

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jun 2013
  • Posts: 173
  • Total likes: 1
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: jerusalem
Re: Alitalia
« Reply #41 on: March 27, 2017, 02:21:33 AM »
This is what I got from my TA

Alitalia said Friday it has filed for bankruptcy protection, taking the first step in a plan to restructure and downsize Italy's failing national carrier.
The company said its board had asked the government to appoint an administrator and had declared insolvency to a Rome court.

Augusto Fantozzi, a tax law expert and former finance minister, is expected to be tapped as the government-appointed administrator.

The government and others involved have been secretive about the negotiations to save the state-run carrier, but the plan reportedly envisages the breakup of Alitalia into two parts.

The profitable assets will be taken over by a group of Italian investors ready to inject $1.5 billion into the airline. The bad assets will be spun off into a separate company for liquidation.

The plan is the latest attempt by the government to sell its 49.9% stake in the loss-making airline following a failed bid by Air France-KLM earlier this year.

Offline a mirrer

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2014
  • Posts: 1021
  • Total likes: 5
  • DansDeals.com Hat Tips 3
  • Gender: Male
    • View Profile
  • Location: israel
Re: Alitalia
« Reply #42 on: March 27, 2017, 06:05:54 AM »
This is what I got from my TA

Alitalia said Friday it has filed for bankruptcy protection, taking the first step in a plan to restructure and downsize Italy's failing national carrier.
The company said its board had asked the government to appoint an administrator and had declared insolvency to a Rome court.

Augusto Fantozzi, a tax law expert and former finance minister, is expected to be tapped as the government-appointed administrator.

The government and others involved have been secretive about the negotiations to save the state-run carrier, but the plan reportedly envisages the breakup of Alitalia into two parts.

The profitable assets will be taken over by a group of Italian investors ready to inject $1.5 billion into the airline. The bad assets will be spun off into a separate company for liquidation.

The plan is the latest attempt by the government to sell its 49.9% stake in the loss-making airline following a failed bid by Air France-KLM earlier this year.
this news report is from 2014 before etihad bought off the 49% from the government  not now

Online B.D.Da'ehu

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2012
  • Posts: 3199
  • Total likes: 23
  • DansDeals.com Hat Tips 124
    • View Profile
  • Location: Jerusalem!
  • Programs: Hertz PC, National EE, Sixt Platinum, SPG Gold, Hilton Gold, Hyatt Platinum
Re: Alitalia
« Reply #43 on: July 16, 2017, 06:51:59 PM »
I have like 20K AZ miles. Anything worthwhile i can do with them?
Renting a car in Israel? Best deals guaranteed. PM me.
Or email bddtravels@gmail.com
Flights as well.

Offline ExGingi

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2015
  • Posts: 2660
  • Total likes: 186
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Alitalia
« Reply #44 on: July 16, 2017, 07:06:18 PM »
I have like 20K AZ miles. Anything worthwhile i can do with them?
AZ North America to TLV in J is 48k OW (80k RT IINM), you can top off with MR. Terrible website, but if you happen to find availability (before you lose patience with the site), it's not a bad deal (and rumor has it that their J product is decent).