Lauda shelves planned new Dubrovnik service

GLOBAL AVIATION NEWS

Alitalia brand on sale

ITA will start flying on October 15 as Italy's new flag carrier, replacing a bankrupt Alitalia, but hardly anyone has heard of it. That's not the case for Alitalia - a storied brand, albeit tarnished by years of labour troubles, inefficiency and serial bankruptcies. Which is why the head of ITA Fabio Lazzerini (a former Alitalia man) plans to buy the brand in a tender the Italian government announced last week. ITA will be flying the old airline's aircraft, using many of its slots in Milan and Rome, and be staffed by the slimmed-down remnants of the old carrier's workforce. That's not the way ITA is being spun by Brussels and Rome. The European Commission determined last week that ITA and Alitalia are separate entities - so-called economic discontinuity. As a result, the new company is not liable for €900 million in illegal state aid received by its predecessor, which also allows Rome to inject €1.35 billion of fresh money into the new company. Just a few weeks before its maiden flight, search engine results for “ITA” bring up everything from the Italian Trade Agency to Amsterdam’s International Theatre. That makes the Alitalia brand crucial for the new company. ITA chief Lazzerini said he’d “do everything” to win the auction, which starts at €290 million. Only Ryanair publicly showed any interest - which it has since withdrawn. Industry figures say there’s been little appetite among competitors for the troubled brand, although reports say Italian ministerial officials are expecting some interest. Only companies “having a net worth … of not less than €200 million and holding air transport operating licenses or air operator certifications” are allowed to bid.
Politico

Lauda shelves planned new Dubrovnik service

NEWS FLASH

Ryanair subsidiary Lauda has indefinitely terminated plans to introduce services between Vienna and Dubrovnik which were to launch this summer. Flights were initially to commence on March 29 but were pushed back to August 1 due to the coronavirus Covid-19 pandemic. Services were to run twice per week and were to be operated by Ryanair equipment on behalf of Lauda. Austrian Airlines resumed its seasonal service between Vienna and Dubrovnik in mid-June.

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Anonymous12:54
Wow! OS is doing well upgrading equipment on many weekdays to DBV and SPU. I wonder why Lauda/Ryan can't or doesn't want to make it work.
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