Italy's Alitalia will cease operations on October 15th and have stopped selling tickets for dates after that date.
Italia Transporto Aereo (ITA), a state-owned carrier, was scheduled to launch on Oct. 15, replacing bankrupt Alitalia.
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Alitalia announced Tuesday that customers who have purchased tickets after Oct. 15 will be able to rebook the same flight for no additional charge if they choose to fly earlier. Customers can also request a full refund.
ITA will purchase Alitalia's assets via direct negotiation under an insolvency deal between Italy and EU. The new carrier will also participate in a public bidding process to acquire the Alitalia logo and name.
ITA will operate a fleet 52 aircraft on 45 destinations along 61 routes, with bases in Milan or Rome. New York, Boston, and Miami will be the first U.S. destinations. Washington, Los Angeles, and other cities, will follow in summer 2022.