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ITA Airways to expand fleet with 39 new aircraft in 2023

Fri, 11th Nov 2022 12:30

ROME, Nov 11 (Reuters) - ITA Airways will next year refresh its fleet with 39 new aircraft, allowing it to serve more long-distance destinations, the state-owned successor to Alitalia said on Friday.

Long-distance flights are more profitable than short and medium haul ones, where ITA and Alitalia ceded market share to low-cost rivals such as Ryanair and EasyJet.

ITA "has underwritten all the commitments for increasing the fleet in 2023, next year 39 new generation aircraft will enter into service" including nine wide-bodied Airbus A330-900, the company said in a statement.

Older aircraft will discontinue service, ITA said, stating that the upgrade will mean a 73% increase in the ASK (available seat kilometre) metric, measuring passenger carrying capacity.

ITA was established in late 2020 from the ashes of bankrupt Alitalia, and has yet to turn a profit.

Until last month, the Italian government was locked in talks over the sale of a majority stake in ITA to U.S. private equity fund Certares, backed by Air France-KLM and Delta .

The exclusivity period with Certares expired on Oct. 31 without a deal. Previously, Germany's Lufthansa and shipping group MSC had filed a rival joint bid for the struggling Italian carrier. (Reporting by Alvise Armellini Editing by Keith Weir)

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