Evaluation of the Current Status of Alitalia Essay

rating of the Current Status of Alitalia - Essay ExampleCorrespondingly, this report intends to examine the prospects of Etihad crinkleways which has started to examine the possibility to buy a majority/total stake in Alitalia, the Italian struggling airline.Alitalia is a prominent Italian establish airline group and one of the leading players in the European airline industry. The group operates under the provoker name of Alitalia and offers an assortment of premium services at all levels including the purview of domestic, international and intercontinental destinations. Air One is a subsidiary of Alitalia Group that provides low-cost flights to domestic and international routes. Alitalia is a privately possess group and 75% of its ownership is retained by Italian entrepreneurial and pecuniary world epoch the remaining 25% is acquired by the biggest European airline, Air France-KLM. The group is also the member of SkyTeam alliance and has capable transatlantic joint venture wi th Air France KLM and Delta.The group over the years has been able to secure and spy its position amid its customers particularly due to its superior service quality, maintenance, and passenger care. The pool of well-trained employees along with effective functional management has established it as the most punctual airline crosswise Europe. At the same time, the extended and ambitious investment plan to make its fleet modernize has tremendously facilitated it with attaining greater customer self-assertion and trust. Apart from transportation of passengers, the company also operates in cargo sector. It has been able to meet the customers shipping requirements done the effective arrangement of cargo charter flights (Alitalia n.d.). Moreover, it has the most modern fleet of 132 aircraft. The companys financial health during 2012 was worst affected with increasing loss and augmenting debt. However, amid this sluggish performance, the market share of the group across all routes con tinued to stay stable at around 22.6% (Alitalia 2013).