Italia Trasporto Aereo (ITA Airways) Profile

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Italia Trasporto Aereo, trading as ITA Airways, is the flag carrier of Italy. The airline commenced services on 15-Oct-2021 and replaced previous flag carrier, Alitalia. ITA will operate 61 services to 45 destinations, expanding to 89 services to 74 destinations by 2025. ITA is approved to directly acquire the assets of Alitalia's "aviation branch", and expects to employ 2750-2950 Alitalia "aviation branch" personnel, increasing to 5550-5700 personnel by 2025. ITA will also participate in a public tender to acquire Alitalia's brand, ground handling and MRO branches, and if successful will employ more than 3000 additional Alitalia personnel. The airline aims to raise EUR700 million to acquire Alitalia assets and expects to achieve operational break-even by 3Q2023.

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AZ

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ITY

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