Alitalia Buys Back ...
 

Alitalia Buys Back Frequent Flyer Program From Etihad

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(@lucky)
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[#8749]
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As we know, for a long time Etihad was on a money spending spree, as they tried to develop their ”Etihad Airways Partners” concept. This was basically their way of trying to create a fourth global alliance by buying stakes in all kinds of struggling airlines around the world.

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12 Replies
(@David)
Joined: 10 years ago

Posts: 16

OT, sorry! couldn't find an email address to send this to, https://www.bbc.co.uk/news/world-asia-46624293,
18k seems a bit wishy-washy.


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Gold
(@donato)
Joined: 5 years ago

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Posts: 0

Just to be clear, during that period members were treated to a smorgasbord of Italian and Arabic techniques to seize accounts and leave mileage holders with nothing.
My account was left empty after failing to redeem by the end of 2017. It should be noted that at that time, AZ was the only airline in history raising redemption rates from 40K transatlantic C class to about 2 million miles for the same trip.


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(@Alex Conway)
Joined: 8 years ago

Posts: 27

Hmmm, Bankrupt but yet can still afford to buy a brand new, 400,000,000 USD Boeing 777-300ER, How ? Ben, what do you make of this ?


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(@Alex Conway)
Joined: 8 years ago

Posts: 27

Hmmm..., Bankrupt but can still afford to buy a brand new, 400 Million Dollar Boeing 777-300ER ?
How is this possible, did they just find the money ? Ben, what do you make of this ?


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(@Alex James Conway)
Joined: 9 years ago

Posts: 10

Ben, if Alitalia are bankrupt, and have been for 18 months, how do they suddenly find the money to buy a brand new Boeing 777-300ER ? Did they just find it, or am I missing something


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(@David Harris)
Joined: 10 years ago

Posts: 16

@Alex Conway, because they are governent owned ☺


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(@Jordan)
Joined: 16 years ago

Posts: 425

@Alex - calm down... its called bank financing or leasing...sheessh!


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(@mach81)
Joined: 5 years ago

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Posts: 0

AZ doesn’t have 773s. But fairly old 772s (refurbished) and 330s.


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(@mach81)
Joined: 5 years ago

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Posts: 0

I stand corrected, AZ has 1x 773, formerly with air Austral, leased from AerCap (Ireland. Same leading company of some of the 772s).1


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(@Endre)
Joined: 9 years ago

Posts: 136

The current Italian ultra right-wing government will pump funds into AZ’s accounts for many years to come. AZ’s fate is closely related to, if not even part of Italy’s chronic penis envy issues.


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Diamond
(@tipsyinmadras)
Joined: 5 years ago

Member
Posts: 135

As Mach81 pointed out - Alitalia's 77W is not brand new - it's a former Air Austral aircraft.


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(@Esteban)
Joined: 8 years ago

Posts: 48

Etihad tactic sounds just like Swissair during the mid 90’s.


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