Showing posts with label ITA. Show all posts
Showing posts with label ITA. Show all posts

Tuesday, 22 February 2022

MSC and Lufthansa interested in buying major stake in Italian airline ITA as airline plans new route to London City.

The Italian government is already trying to sell off the newly formed carrier ITA Airways from the ashes of Alitalia. Major cruise company MSC Group has confirmed an interest in taking a majority stake in the new carrier. 

MSC plans to create a partnership with the German airline Lufthansa and the Italian government to take the carrier to the next level. According to travel newspaper TTG, all parties now start a 90-day period of exclusivity when the Italian authorities will examine their proposal.  

MSC added: "MSC Group’s interest derives from the possibility of activating positive synergies for both companies in the cargo and passenger sectors where the MSC Group is a global leader."

"ITA Airways is satisfied that the work carried out in recent months to offer the best prospects to the company is starting to have the expected results, providing for a company recognised as viable for partners of international reputation both in passenger and cargo transport. The Board of Directors will examine the details of the Expression of Interest in an upcoming meeting."

ITA Airways is a company totally owned by the Italian Ministry of Economy and Finance which started in November 2020. The airline has a fleet of some 50+ aircraft, including 7 wide-bodies and 45 narrow-bodies aircraft. Later in 2022, the fleet will rise to 78 aircraft, including 13 wide-bodies and 65 narrow-bodies. From 2022, new-generation aircraft will gradually join the fleet replacing old technology aircraft. 

In partnership with German Airways, ITA will start flights from Milan Linate to a number of new destinations such as London City, Luxembourg and Geneva from 28th March 2022.  This agreement will see the German carrier's Embraer E190 operate the flights initially with ITA's own aircraft taking over the sectors at a later date.  The livery of the two wet-leased Embraer E190 will be adorned with the titles "Operated by ITA Airways" and both aircraft will feature the Superior and Economy service classes configuration. 

The Milan Linate - London City route with three flights a day from Mondays to Fridays, one flight on Saturdays and two flights on Sundays. Flights will be departing from Linate at 07:00 a.m., 12:20 p.m. and 5:40 p.m., and from London City at 08:25 a.m., 01:45 p.m. and 7:05 p.m. for a total of 36 round-trip flights a week.

Maren Wolters, Managing Director of German Airways: "We are delighted that ITA is working with us. We can benefit from the excellent reputation that we have hard-earned: We are known as a very reliable service provider with great know-how in the industry. With ITA, another major European airline joins our customer base, which already includes renowned European airlines."

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Thursday, 2 December 2021

ITA Airways firms up order for 28 Airbus aircraft


ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. In addition, the airline will pursue its plans to lease A350s to complement its fleet modernisation.
“Today the strategic partnership with Airbus takes an important step forward with the finalisation of the order we announced last September. In addition to this agreement, possibilities for further collaboration have emerged, in particular regarding technological developments in the aviation sector and digitalisation, where Airbus is the market leader. All this is part of the actions to achieve our environmental sustainability objectives, " said Alfredo Altavilla, Executive President of ITA Airways.

"We are very proud to partner with ITA Airways in building its long-term future with the most efficient, latest technology Airbus aircraft. This agreement supports ITA Airways business objectives to develop its network in Europe and internationally in the most sustainable way,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.

These new Airbus aircraft will expand the initial ITA Airways fleet with a new generation aircraft with better environmental performance, equipped with latest technologies and state-of-the-art cabins to guarantee maximum operational efficiencies for the airline and the best comfort to travelers.

Friday, 1 October 2021

Air Lease Corp to lease 31 new Airbus aircraft to new Italian airline ITA

The global aircraft leasing giant, Air Lease Corporation confirmed on Thursday 30 September that ITA, the new national airline of Italy, has agreed to lease 31 new ALC aircraft consisting of 15 A220s, two A320neos, nine A321neos and five A330-900neos on long-term lease from ALC’s orderbook with Airbus.  The 31 aircraft will deliver to the airline progressively beginning in the second half of 2022 through early 2025. 

In addition to these 31 ALC Airbus aircraft, ITA has signed a Memorandum of Understanding with Airbus for the purchase of 28 new aircraft: 10 Airbus A330neo aircraft for long-haul flights, seven Airbus A220 family regional jets and 11 Airbus A320neo family aircraft (deliveries for the latter to start after the completion of the business plan).

Overall, ITA will lease a total of 56 new Airbus aircraft over the course of the plan (13 long-haul jets, including the ultra-modern Airbus A350-900, and 43 short and medium-haul aircraft).

“Air Lease Corporation is pleased and proud to be the launch Lessor for ITA to supply the new airline 31 new Airbus jet aircraft, including the most modern A220 and A320/321neo family jets, as well the latest environmentally friendly widebody aircraft on long-term operating leases from ALC’s orderbook.  These transactions will allow ITA to operate the most technologically advanced new aircraft to cover ITA’s European and Intercontinental route network with great efficiency,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “We look forward to a long-term successful partnership,” he said.

The Executive Chairman of ITA, Alfredo Altavilla, said: “The strategic partnership with Airbus and ALC is crucial for ITA to jumpstart our Business Plan aiming at achieving our targets of a new environmental-friendly fleet with significantly lower operating and leasing costs.  I want to thank both Christian Scherer, CCO of Airbus, and Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation, for their trust in the future of our brand-new airline.” 

“ITA has done a thorough clean sheet aircraft evaluation and has chosen Airbus across all segments.  This is very gratifying and a testimony of the great value of the Airbus product range.  It sets a benchmark in driving the decarbonization and efficiency agenda.  From the start, we have been working closely with ITA, listening carefully to their requirements.  Today we are proud and grateful to be alongside ITA in building its future together.  Grazie Mille!" said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.

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