i agree that it’s catastrophic the way flag carriers go under but in Alitalias case it’s been coming to them for a long time. They’ve failed to make a profit for 12 consecutive years! They’ve had over a decade to sort it out but haven’t, yet BA managed to do it in 3 years. It’s their own fault, now finally they’re taking notice but it’s 12 years too late. I expect Air France and Swiss will take over most AZ routes in the short term. AZ wanted to join the AF/KLM group but they said AZ must sort out their finances first, so they could make alot out of taking over routes. Also, Swiss is set to become part of Luftthansa, so Milan could be a real earner for them.
In Olympics case I’ve allways felt it must be really difficult to make it work. Greece is made up of like hundreds of islands, so apart from Athens which is your next hub? None of them are big enough to support large pax operations, yet they all demand air services.
Malevs in a bad way too!
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