Alitalia to finalise new business plan by March 12
Alitalia is making some amendments to its “re-launch business plan,” which it expects to finalise by the end of this week. During a meeting March 6, the Alitalia board reviewed a plan prepared by independent advisor Roland Berger. “The board agreed that a final adjusted business plan will be approved by the end of this week,” Alitalia said Monday. Alitalia described its financial situation as “complex,” but January saw a 4.4-point increase in load factors to 78% and ticket sales were 7% up versus Jan 2016. Preliminary data for February is also “promising.” Alitalia CE Cramer Ball said the airline was on track to achieve at least E160m (US$170m) in cost savings for 2017, excluding including labour costs. “Further savings, again not related to labour costs, have been identified and will be implemented in a planned timeframe,” Alitalia said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-03-07/sky/alitalia-to-finalise-new-business-plan-by-march-12
https://portal.staralliance.com/cms/logo.png
Alitalia to finalise new business plan by March 12
Alitalia is making some amendments to its “re-launch business plan,” which it expects to finalise by the end of this week. During a meeting March 6, the Alitalia board reviewed a plan prepared by independent advisor Roland Berger. “The board agreed that a final adjusted business plan will be approved by the end of this week,” Alitalia said Monday. Alitalia described its financial situation as “complex,” but January saw a 4.4-point increase in load factors to 78% and ticket sales were 7% up versus Jan 2016. Preliminary data for February is also “promising.” Alitalia CE Cramer Ball said the airline was on track to achieve at least E160m (US$170m) in cost savings for 2017, excluding including labour costs. “Further savings, again not related to labour costs, have been identified and will be implemented in a planned timeframe,” Alitalia said. <br/>
