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Order HereAbu Dhabi-based Etihad Airways CEO James Hogan continues to focus on the carrier’s current strategy of not joining an alliance. …
This is from the comments section
It is interesting to see how Etihad are continuing to pursue their policy of not belonging formally to any Alliance, and of chasing strategic investment stakes as they weave their web of global coverage.
Indeed they do seem to be enjoying a high degree of independence in their choices and angles of approach.
The latest reports and “rumours” of Etihad’s taking a stake in Alitalia is highly significant.
Does this signal an Air France desire to get out of Alitalia ?
Certainly, AF / AF-KLM’s fray into the Alitalia Share Capital, despite all the huffing & puffing of the day, was perceived by many as “Much ado about Politics” and “Not much to do with Aviation”.
A number of old-guard AF (not KLM) pilots, active in the SNPL Union Activities, were far more interested in the idealism of Union Brotherhood than in true economic success of the AF-Alitalia “tie-up”.
The usual “mine’s bigger than yours ” tussle with Lufthansa.
Is this Etihad-Alitalia news an indication of the first step in AF’s move to withdraw, from Alitalia, the recent dreams of yesteryear coming up against harsh reality, and being perceived by many as a flop, and a waste of time & money ?
Is it the beginning of the end of the “mine’s bigger than yours” syndrome ?
Today’s Alitalia chief executive, Gabriele del Torchio, known as a turnaround specialist, was recruited earlier this year to lead the struggling Italian airline back to profitability.
Was the this the recognition that AF management had failed in their ambition to achieve turnaround ?
Short of cash, & under severe resource constraint, AF-KLM are having such a hard time enacting their Restructuring Programme back at home (and the KLM arm are allegedly “not amused”), that no options can be discarded.
Many outside observers feel that AF-KLM would be delighted to leave the Alitalia “hot potato” to someone else !
Let’s wait & see !
Some, indeed many, are saying that there simply has to be face-saving component here. Gone are the days when J-C. SPINETTA said, “I do not know if we have vision ; but we do have cash”.
They are now asking if AF are beginning to acquire, or re-acquire vision, … when they have little cash.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereAbu Dhabi-based Etihad Airways CEO James Hogan continues to focus on the carrier’s current strategy of not joining an alliance. …
This is from the comments section
It is interesting to see how Etihad are continuing to pursue their policy of not belonging formally to any Alliance, and of chasing strategic investment stakes as they weave their web of global coverage.
Indeed they do seem to be enjoying a high degree of independence in their choices and angles of approach.
The latest reports and “rumours” of Etihad’s taking a stake in Alitalia is highly significant.
Does this signal an Air France desire to get out of Alitalia ?
Certainly, AF / AF-KLM’s fray into the Alitalia Share Capital, despite all the huffing & puffing of the day, was perceived by many as “Much ado about Politics” and “Not much to do with Aviation”.
A number of old-guard AF (not KLM) pilots, active in the SNPL Union Activities, were far more interested in the idealism of Union Brotherhood than in true economic success of the AF-Alitalia “tie-up”.
The usual “mine’s bigger than yours ” tussle with Lufthansa.
Is this Etihad-Alitalia news an indication of the first step in AF’s move to withdraw, from Alitalia, the recent dreams of yesteryear coming up against harsh reality, and being perceived by many as a flop, and a waste of time & money ?
Is it the beginning of the end of the “mine’s bigger than yours” syndrome ?
Today’s Alitalia chief executive, Gabriele del Torchio, known as a turnaround specialist, was recruited earlier this year to lead the struggling Italian airline back to profitability.
Was the this the recognition that AF management had failed in their ambition to achieve turnaround ?
Short of cash, & under severe resource constraint, AF-KLM are having such a hard time enacting their Restructuring Programme back at home (and the KLM arm are allegedly “not amused”), that no options can be discarded.
Many outside observers feel that AF-KLM would be delighted to leave the Alitalia “hot potato” to someone else !
Let’s wait & see !
Some, indeed many, are saying that there simply has to be face-saving component here. Gone are the days when J-C. SPINETTA said, “I do not know if we have vision ; but we do have cash”.
They are now asking if AF are beginning to acquire, or re-acquire vision, … when they have little cash.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereAbu Dhabi-based Etihad Airways CEO James Hogan continues to focus on the carrier’s current strategy of not joining an alliance. …
This is from the comments section
It is interesting to see how Etihad are continuing to pursue their policy of not belonging formally to any Alliance, and of chasing strategic investment stakes as they weave their web of global coverage.
Indeed they do seem to be enjoying a high degree of independence in their choices and angles of approach.
The latest reports and “rumours” of Etihad’s taking a stake in Alitalia is highly significant.
Does this signal an Air France desire to get out of Alitalia ?
Certainly, AF / AF-KLM’s fray into the Alitalia Share Capital, despite all the huffing & puffing of the day, was perceived by many as “Much ado about Politics” and “Not much to do with Aviation”.
A number of old-guard AF (not KLM) pilots, active in the SNPL Union Activities, were far more interested in the idealism of Union Brotherhood than in true economic success of the AF-Alitalia “tie-up”.
The usual “mine’s bigger than yours ” tussle with Lufthansa.
Is this Etihad-Alitalia news an indication of the first step in AF’s move to withdraw, from Alitalia, the recent dreams of yesteryear coming up against harsh reality, and being perceived by many as a flop, and a waste of time & money ?
Is it the beginning of the end of the “mine’s bigger than yours” syndrome ?
Today’s Alitalia chief executive, Gabriele del Torchio, known as a turnaround specialist, was recruited earlier this year to lead the struggling Italian airline back to profitability.
Was the this the recognition that AF management had failed in their ambition to achieve turnaround ?
Short of cash, & under severe resource constraint, AF-KLM are having such a hard time enacting their Restructuring Programme back at home (and the KLM arm are allegedly “not amused”), that no options can be discarded.
Many outside observers feel that AF-KLM would be delighted to leave the Alitalia “hot potato” to someone else !
Let’s wait & see !
Some, indeed many, are saying that there simply has to be face-saving component here. Gone are the days when J-C. SPINETTA said, “I do not know if we have vision ; but we do have cash”.
They are now asking if AF are beginning to acquire, or re-acquire vision, … when they have little cash.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.