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Thursday, February 2, 2023

Italy’s ITA Airways firms up order for 28 Airbus aircraft

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ITA Airways, an Italian airline, has placed an order for 28 Airbus planes, including narrow-body and wide-body planes.

The agreement brings to fruition a memorandum of understanding for seven A220s, eleven A320neos, and ten A330neos that was first announced on September 30, 2021.

Airbus confirmed in a statement on December 1, 2021, that ITA, the successor to insolvent Alitalia, is also looking to lease A350s as part of its fleet modernization plans.

“In addition to this agreement, possibilities for further collaboration have emerged, in particular regarding technological developments in the aviation sector and digitalization, where Airbus is the market leader,” said Alfredo Altavilla, Executive President of ITA Airways. “All this is part of the actions to achieve our environmental sustainability objectives.”

ITA began operations on October 15, 2021, a day after Alitalia, the previous Italian flag carrier, flew its final flight.

It began operations with a 44-destination, 59-route network, which it plans to expand to 74 destinations and 89 routes by 2025. Its fleet now consists of 52 aircraft, with intentions to increase to 78 in 2022 and 105 in 2025.

The Italian airline’s management has already stated that remaining independent would be a mistake, implying that it could be an appealing target for German airline giant Lufthansa (LHAB) (LHA).

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