Wind Jet suspended (12-Aug-2012) operations on 12-Aug-2012 after takeover negotiations with Alitalia failed. Wind Jet reportedly failed to turn over financial data to Alitalia, with Alitalia stating on 12-Aug-2012, “following today’s declarations by Wind Jet’s CEO, which clearly reveal Wind Jet’s intention not to abide by the conditions set forth in the agreements signed on 2 and 3 August 2012, Alitalia informs that talks with Wind Jet for its takeover have come to an end.” [more - original PR - Italian]
Wind Jet suspends operations
You may also be interested in the following articles...
Ryanair's accelerated growth in Italy shows the success of its hard-ball game over tax hikes
Not for the first time, Ryanair has won in a game of hard ball. It has a long history of forcing others to do business on its own terms – otherwise it will go elsewhere. After Italy increased municipal taxes on air traffic in Jan-2016, Ryanair decided to close its bases at Alghero in Sardinia and Pescara on Italy's Adriatic coast, and to withdraw from Crotone in the south of the country from Oct-2016. It had also planned to close 16 routes this coming winter.
Ryanair now says that it will accelerate its growth plans in Italy, allocating a further 10 new aircraft to the country. This was prompted by the Italian government's decision to reverse the tax increase from 1-Sep-2016. It may also have been facilitated by Ryanair's plans to reduce its UK growth after the Brexit vote.
Ryanair announced on 17-Aug-2016 that it will launch 44 new routes in Italy next year. It plans 21 new routes at airports in Rome and Milan and 23 at regional airports in Italy. Ryanair expects that it will increase its passenger numbers in Italy by 10% to 35 million in 2017 as a result of this expansion. Already the biggest airline by seats in Italy, Ryanair looks set to extend its lead.
Ryanair's 117million pax in 2016 tops European airline groups. The first time an LCC topped rankings
For the first time ever in Europe, in 2016 a low cost airline carried more passengers than any other airline or airline group, as Ryanair's 117 million passengers pushed Lufthansa Group's 110 million into second place. Ryanair had beaten Lufthansa itself, but not the whole Lufthansa Group. IAG's first full year of including Aer Lingus helped it to take third place from Air France-KLM. Europe's number two LCC, easyJet, was ranked fifth.
The big five can be expanded into a big seven to include Turkish Airlines and the Aeroflot Group, although these two had contrasting growth rates in 2016. A chasing pack of middle sized airline groups includes three LCCs (Norwegian, Pegasus and Wizz Air) and three legacy airlines with varying challenges to establishing sustainable profitability (SAS, Air Berlin Group and Alitalia).
Most of the faster growing airline groups in the top 20 are LCCs and the main growth drivers for Europe's big three legacy groups are their LCC subsidiaries. Just outside the top 20 are some fast growing legacy airlines in Eastern Europe, demonstrating the potential there. Nevertheless, unless there is a big merger or acquisition, Ryanair looks set to remain at number one for some time.