This doesn't have huge practical implications, though symbolically this is a big move. For years, Etihad was focused on "Etihad Airways Partners," which was the group of airline partners they invested in, including airberlin, Air Serbia, Air Seychelles, and Alitalia. How has that worked out for them? --airberlin is out of business -- Alitalia is…
Continue reading: Alitalia Is Pulling Out Of Abu Dhabi
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Alitalia will still fly in the next years
Look of their last revenue and see that Alitalia is not so bad
AF/KL, Delta and Easyjet will take over AZ
@Aurel: But for how long?
It seems that Alitalia is only able to function properly when debtors are breathing down its neck. Alitalia has been failing for the past four or five decades. The EY strategy was obviously really bad (though the result was fairly predictable).
FWIW, EY should've cut the major cost factors, negotiate a sustainable deal with the crew, and focus on putting AZ planes on highly profitable routes rather than having it play the role of a glorified regional carrier feeding passenger into AUH. It would've been sufficient to feed passengers from non-EY destinations in Europe and fill up EY flights ex Italy (presumably a strategy that AirItaly will implement).
LA lot of the people I know are complaining that "they've pulled out too late".
Then they get a bad marriage and some big bad loans.
Similiar to this Etihad venture.
EY should have realised that the ME3 feeder strategy doesn't work by now. VA wasn't able to get the numbers on their SYD-AUH flight and QF is about to pull out of DBX
we all knew this ages ago.Australia to Italy which is what Alitalia did for many years in their own rights ex Sydney and Melbourne with a mix of DC8,DC10 AND LATER 747'S for people either flying there and back for holidays or visiting friends and family is nowadays done by the likes of Singapore Airlines,Cathay Pacific or Qatar Airways or Emirates.Etihad never stood a chance against all of that even with the onward connections ex abu dhabi onwards.coupled with god awful schedules meant an asian carrier or the other carriers were by default the better option.