Cash-strapped Alitalia rebuffed on Tuesday an offer from low-cost airline Ryanair (RY4B.IR) to feed passengers into its long-haul routes and help boost the Italian carrier's profitability. "Alitalia ... has its own strategy, an industrial plan, a fleet and its own crew that allow it to have the necessary passenger traffic to feed its international and intercontinental connections leaving from the hub at Fiumicino ," Alitalia said in a statement. Budget airlines are usually based further from city centers, and Dublin-based Ryanair wanted to leverage the new routes it has secured from Rome's Fiumicino, which is also Alitalia's hub.
via Business News - Yahoo Finance http://finance.yahoo.com/news/alitalia-rebuffs-ryanair-collaboration-offer-195220975.html
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