De Mitri, Ludovica (A.A. 2024/2025) Corporate crisis, financial performance and transition to ITA Airways: the case of Alitalia. Tesi di Laurea in Financial reporting and performance measurement, Luiss Guido Carli, relatore Lucia Pierini, pp. 135. [Master's Degree Thesis]

Full text for this thesis not available from the repository.

Abstract/Index

Historical overview of the airline industry. Definition. A brief history. History of the Italian civil aviation. Airline industry characteristics. Global overview: general performance, Covid-19 impact and trends. The Italian market. Market structure and concentration. Competition, key players and their performance. Business models. Cost and revenue structure. Key performance indicators (KPIs). Regulation and environmental sustainability. Historical overview of Alitalia and ITA Airways’ birth. Birth and early development of the “Freccia Alata”. The 1950s: expansion, innovation and the success of onboard services. The 1960s: distances shorten and flying becomes accessible. The 1970s: a new fleet and the 73 crisis. The 1980s: modernization, expansion and strategic growth. The 1990s: harsh challenges don’t stop growth. The 2000s: from rescue attempts to the decline of Alitalia. Restructuring into ITA Airways. Analysis of current strategies. Key factors behind Alitalia’s decline. Changing market conditions and competitive pressures. Strategic and managerial missteps. The role of political interventions and State involvement. The fundamental analysis. Definition and importance. Strenghts and weaknesses. Macroeconomic and industry analyses. Company analysis: financial statements and their reformulation. Post-reformulation analyses and their meaning. Fundamental analysis of Alitalia’s financial performance. Method. Reasons behind the choice of consolidated financial statements. Composition of the Alitalia Group. Comparables. Economic and financial performance before the crisis (2009-2015). Alitalia’s performance after the crisis (2016-2021). Analysis of ITA Airways’ financial performance. ITA Airways’ economic and financial performance (2021-2024).

References

Bibliografia: pp. 128-133.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree Program in Management, English language (LM-77)
Chair:	Financial reporting and performance measurement
Thesis Supervisor:	Pierini, Lucia
Thesis Co-Supervisor:	Paolone, Francesco
Academic Year:	2024/2025
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	22 Dec 2025 12:03
Last Modified:	22 Dec 2025 12:03
URI:	https://tesi.luiss.it/id/eprint/44573

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