The Board of Directors of Alitalia, chaired by Luca Cordero di Montezemolo, met today in the airline’s headquarters near Rome Fiumicino Airport. The meeting agenda included delegating Chief Executive Officer powers to Cramer Ball, effective 7 March, 2016. The powers will be the same as those delegated to Mr Montezemolo while he acted as interim CEO.
The Board of Directors noted with satisfaction that financial results for 2015 and the first two months of 2016 are in line with budgeted forecasts.
The Board also confirmed that it is on schedule to become profitable by 2017.
The airline’s international route network, the Board also noted, is developing positively with new services this year to Santiago from 1 May and to Mexico City from 16 June and that Alitalia has seen considerable improvements recently in its on-time performance record and customer service standards, both in the air and on the ground.