Italy’s New Airline Italia Trasporto Aereo (ITA)

Italia Trasporto Aereo (ITA) is Italy’s newest airline that will take to the skies on October 15. The newly created public company will replace Alitalia, which will cease to exist the day before, on October 14. Alitalia has been under the government’s administration since 2017.

The new company will start operating on October 15, with its first flights also launching on the same date. The new company will see an investment of 700 Million euros in 2021, 400 Million euros in 2022, and another 250 Million euros in 2023. ITA will give up some of its slots at Milano Linate, Roma Fiumicino and some other European airports. ITA will have a15% decrease in slots at Milano Linate and 57% decrease at Roma Fiumicino.

ITA will start off with Alitalia’s 52 aircraft. 45 of them are for short-haul flights and the other seven are equipped for intercontinental flights. That total number will increase to 78 in 2022 and by 2025. ITA will initially serve 45 destinations with 61 routes, which is expected to increase  to 74 and 89 by 2025, Corriere della Sera reports.