Working paper

Working paper and position paper. CESISP

An analysis of air market trends in Europe. The Alitalia paradox: any solution?

Title An analysis of air market trends in Europe. The Alitalia paradox: any solution? Author Riccardo Toso Abstract The following study wants to analyse the economic and managerial causes which have affected Italian carrier, Alitalia, in the last years. From the niche literature, some further evidence on its economic impact is provided: why the air market development in Italy is limited and how this company is still unable to detect

The history of Italo and the benefits of competition in the Italian HSR sector

Authors Andrea Giuricin, Roberto Tosatti Abstract The purpose of this study, divided in three different parts, is to represent the evolution of the Italian high-speed railway (HSR) sector from the origin to the competition phase, focusing attention on the non-public competitor, Italo, recently became an American company. In the first part of the study will be provided a presentation about the liberalization of the Italian rail market under EU regulation.

Sell it, close it or restructure it? Scenarios of  the extraordinary administration of Alitalia

Author Ugo Arrigo Abstract The aim of the study is to analyse the prospects for resolving Alitalia’s crisis and to assess the various options of the government and of the company’s administration. There are three possible outcomes: the first is to sell Alitalia, the second is to close it, and the third is to restructure it. The failure of the company, its closure, is the worst scenario, given the enormous

The new crisis of Alitalia and the prospects for a solution

This study uses the information available as of 30.04.2018. It will be updated according to future availability of relevant data and information. The first part of the study examines the characteristics of the Italian air transport market in the period 2004-2016 and the role played by Alitalia in it. It also analyses the main economic and industrial results of the national carrier, comparing its costs with those of the major

New Alitalia crisis and the extraordinary administration (2017-2018)

This note represents the update to the period of Alitalia’s commissioner and the attempt to sell the carrier of a previous study carried out in the middle of the year 2017. It therefore covers the period 2017 – the first part of 2018 and aims to analyze the reasons that led to the aggravation of the Alitalia crisis and the commissioner. It also intends to analyze, as far as possible,

Alitalia and the Italian airline market over the period  2004-2016

Alitalia and the Italian airline market over the period  2004-2016 Ugo Arrigo, Andrea Battaglia, Giacomo Di Foggia Abstract This paper summarizes the characteristics of the Italian air transport market in the period 2004-2016 and the role played by Alitalia. It also analyzes the main industrial and economic results of the national carrier, comparing the costs with those of the major low cost carriers operating in Italy, its direct competitors. Finally,