Alitalia Will Get €40m Aid from European Commission


Photo: Photo:

Reading Time: < 1 minute

The European Commission has announced recently that the struggling Alitalia will be getting a financial support package worth €39.7 million.

This move will compensate the carrier for the damages suffered due to the coronavirus outbreak between 1 March and 30 April 2021.

The Commission explained its decision: “The restrictions put in place in Italy and other countries to limit the spread of a second and third wave of the coronavirus pandemic have heavily affected Alitalia’s operations. As a result, Alitalia incurred significant operating losses until at least 30 April 2021.”

This new financial aim measure is not the first Alitalia will be receiving. The last time it was approved to get €12.8 million in May. In total, it is the fifth round of financial aid for the Italian flag carrier.

Alitalia is the primary network airline of Italy. It has a fleet of over 95 aircraft. In 2019, it served hundreds of destinations worldwide, carrying about 20 million passengers from its central hub in Rome and other Italian airports to international destinations.