Ita sale: Management have prospect of a bonus payment of 400.000 euros

Airbus A350-900 (Photo: ITA Airways).
Airbus A350-900 (Photo: ITA Airways).

Ita sale: Management have prospect of a bonus payment of 400.000 euros

Airbus A350-900 (Photo: ITA Airways).
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The former airline Alitalia was considered a flying money-destroying machine. The successor Ita Airways is not profitable, according to local media reports it burns around two million euros a day. Accordingly, it is not surprising that the Ministry of Finance wants to get rid of the carrier as quickly as possible.

Even the Italian government is of the opinion that Ita Airways alone will not be able to survive in the long term. Prospective buyers can currently view the business figures in the data room and then submit a formal takeover bid. The government wants to sell the majority as soon as possible.

But another circumstance is also piquant: According to local media reports, the supervisory board and management should receive a bonus payment of up to 400.000 euros if they contribute to the successful sale of the majority of Ita Airways.

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Editor of this article:

Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Amely Mizzi is Executive Assistant at Aviation Direct Malta in San Pawl il-Baħar. She previously worked in the Aircraft and Vessel Financing division at a banking group. She is considered a linguistic talent and speaks seven languages ​​fluently. She prefers to spend her free time in Austria on the ski slopes and in summer on Mediterranean beaches, practically on her doorstep in Gozo.
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Nobody likes paywalls
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Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

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