April 19, 2014 6:47 AM ET

Airlines

Company Overview of Alitalia - Compagnia Aerea Italiana S.p.A.

Company Overview

Alitalia - Compagnia Aerea Italiana S.p.A. operates a fleet of aircraft that provides air transportation services to passengers in Italy and internationally. It has hubs in Fiumicino, Linate, Malpensa, Venice, Turin, Naples, and Catania. The company was founded in 2009 and is based in Fiumicino, Italy.

Piazza Almerico da Schio, 3

Fiumicino, RM 00054

Italy

Founded in 2009

Phone:

39 06 65631

Fax:

39 06 65 62 47 33

Key Executives for Alitalia - Compagnia Aerea Italiana S.p.A.

Chief Executive Officer
Age: 62
Vice President of Media Relations
Vice President and Regional Manager of North America
Compensation as of Fiscal Year 2013.

Alitalia - Compagnia Aerea Italiana S.p.A. Key Developments

Etihad Close To Deal With Alitalia

Etihad Airways P.J.S.C. boss James Hogan met with Italy's Prime Minister Matteo Renzi on April 10, 2014, as his company nears a deal to purchase a stake in Alitalia - Compagnia Aerea Italiana S.p.A., Italian media reported. The Ansa news agency cited sources saying that a deal on could be in place "within hours".

Qatar Airways In Talks To Acquire Balkan Based Airline

Qatar Airways is planning to acquire Balkan based Airline. Balkan Business media reported quoting Chief Executive Officer of Qatar Airways, Akbar Al Baker as saying that Qatar Airways could look into purchasing a minority stake in an airline in the region. He added that the company is ‘actively discussing opportunities’ with other passenger carriers and ‘When we see that there are strong synergies between the two carriers we are open to investment.’ He also disclosed that Qatar Airways was offered Olympic Air, Air Seychelles Ltd. and Air Serbia. Alitalia - Compagnia Aerea Italiana S.p.A. had indicated its availability ‘several times over the past five years.’ According to the news report, Alitalia is in the final stages of investment talks with Etihad Airways P.J.S.C. The official stated, ‘We were offered umpteen airlines that today have either been acquired or are in the process. Qatar Airways will not be rushed into taking investments in airlines in bits and pieces. Each airline in our region has a different strategy. We want to make sure that we don't create a burden on us. We want airlines that we acquire to be complimentary to us, we don't want to get involved in fixing other people's problems.”

Alitalia And Etihad Close To A Deal

A deal between Alitalia - Compagnia Aerea Italiana S.p.A. and Etihad Airways P.J.S.C. appears closer as due diligence is almost complete, Alitalia said. "Due diligence is all but finished as of today," Chief Executive Officer Gabriele Del Torchio said. "The next step is to meet and enter the negotiating phase". In early February 2014, Etihad and Alitalia issued a joint statement saying they were in the "final phase" of negotiations for a deal that would see Etihad buy as much as a 40% stake in Alitalia.

Similar Private Companies By Industry

Company Name Region
Air Dolomiti SpA Europe
ItAli Airlines S.p.A. Europe
Aermar Srl Europe
Livingston S.p.A. Europe
Air Canada (Italy) Europe

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 26, 2013
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Alitalia - Compagnia Aerea Italiana S.p.A., please visit www.alitalia.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.