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Alitalia Begins Mass Dismissal of 2,059 Employees in Restructuring Move

ByAdmin

Alitalia, the historic Italian airline, has commenced a mass dismissal process affecting 2,059 employees as part of its ongoing restructuring. This move signifies a major workforce reduction as the company continues to navigate financial difficulties and operational restructuring. The employees impacted by this dismissal will be permanently laid off, marking a significant step in Alitalia’s effort to streamline operations and address long-standing economic challenges.

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Ryanair Profit Falls 16% Despite Higher FY2025 Revenue

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Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 16% decline in profit after tax for the fiscal year ending March 31, 2025, with net earnings dropping to $1.79 billion, even as revenues rose 4% year-on-year to $15.5 billion. The dip in profitability highlights the complex operating environment and evolving cost dynamics the airline is navigating.

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Delta Air Lines Lowers Q1 2025 Revenue and Profit Forecasts

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Delta Air Lines has revised its Q1 2025 revenue and profit projections downward, citing softening demand in the U.S. domestic market. The airline now expects revenue to grow no more than 5% year-on-year, a downgrade from its previous forecast. This adjustment reflects slower-than-expected booking trends and pricing pressures, particularly in key domestic routes where competitive pricing has impacted yield performance.

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Stratos Sells Four Aircraft in Multiple Transactions

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Aircraft asset manager Stratos has finalized the sale of four aircraft across three separate transactions, enhancing returns for its investors. The sales include two A320 aircraft sold to Avion Express, a 737-300F purchased by a Middle Eastern buyer, and a leased 777-300ER acquired by Altavair-managed investors. The A320s were transferred at lease expiration, while the…