Etihad Airways is expected to invest a minimum of 500 million euros into the troubled carrier — which is currently in debt to the tune of approximately 800 million euros — with possible additional infusions of cash in the future.
What this means for you as a frequent flier is that Alitalia will continue to do business as usual — and there is a more promising future for the national airline of Italy, which has reported a profit only a few times in its history of 68 years. There have been concerns in recent years by frequent fliers pertaining to the viability of Alitalia, which is a partner airline in the SkyTeam alliance.
This is good news for me, as I am scheduled to be a passenger on some flights operated by Alitalia in the near future — and I have to say that Alitalia has treated me quite well as a passenger on flights it operated in the past.
I would think that this partnership could potentially open the door to some positive developments for frequent fliers — such as a partnership between the two frequent flier loyalty programs — but that remains to be seen.
What are your thoughts as to the pros and cons of this deal between Etihad Airways and Alitalia?