Business & Finance

Alitalia forecasts 2018 sales rise, helped by new routes

Published February 5, 2018 Updated February 5, 2018 05:05pm

Alitalia, which has made a profit only a few times in its 70-year history, was put under special administration last year after staff rejected a plan to cut jobs and salaries.

The Italian government is now looking for a buyer for the national carrier, hoping to strike a deal before national elections due March 4.

For 2018, Alitalia expects a "considerable" increase in sales and passengers, Lazzerini said during a conference in Rome, according to comments confirmed by a spokesman.

Alitalia's December sales grew by around 3 percent. It expects sales to rise between 4-5 percent in the first quarter, helped by new routes and plans to fill more seats, with the load factor seen growing between 6 and 7 percent.

Germany's Lufthansa, British low-cost carrier easyJet and US private equity fund Cerberus are among those that have expressed an interest in buying Alitalia, which controls valuable take-off and landing slots in the world's fifth-largest tourist destination.

 

Copyright Reuters, 2018