AUGUST 1ST, 2015

Alitalia: Fire In Fiumicino: Alitalia Calculated Damages Cost At 80 Million Euros

The damage to Alitalia by the consequences of the fire which broke out on May 7 at Fiumicino Airport amounted to 80 million Euros to date.

The recent reopening of Terminal 3 has marked the end of the emergency phase but not the end of many problems and limitations that continue have heavy effects on airport operations. Alitalia will calculate the total amount of damages only when the airport will operate at pre-fire standards.

Alitalia is the only airline to have its hub in Fiumicino. About 50% of the total number of flights in Fiumicino are Alitalia. Alitalia is by far the airline most affected from the consequences of the fire.

“We had a difficult period due to an event that affected us deeply. – declared Silvano Cassano, Chief Executive Officer of Alitalia -. In this period we have given up any controversy and we focused entirely on the service to customers, to reduce the inconvenience.”

Alitalia has completed an initial balance of the damages for the cancellation of thousands of flights and for a multitude of operational problems that have highlighted the fragility of the airport infrastructure as a whole. Alitalia will seek compensation for the damage it sustained, which so far totals 80 million euro.

“Our relaunch plan is complex, and in one of the most competitive sectors in Italy and in the world – continues Cassano – Fiumicino Airport in its current state is not an appropriate infrastructure to serve as the hub of an airline with our ambitions”.

“The problems of Fiumicino come from years and years of inadequate investment and planning and are now structural, we hope there will be less attention to finance and more attention to the market and to passengers needs”.

“If Fiumicino will continue to focus on low cost carriers and mediocre services, Alitalia will be forced to shift its growth elsewhere”.