The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis

Detalhes bibliográficos
Autor(a) principal: Tressoldi, Marta
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/145346
Resumo: The history of Alitalia illustrates how a country's pride quickly turned to disaster when low-cost airlines entered the market in the early 1990s. Despite multiple attempts at restructuring and acquisitions/mergers, the valuations performed in the paper, DCF and Z-score, are evidence of the catastrophic economic condition. While both the European and Italian markets were flourishing, yet the airline continued to lose market share without being able to recover. To complete the analysis of Alitalia's bankruptcy, the following section will examine the company's out-of-control costs in an attempt to comprehend the extent to which they were a driver of the bankruptcy.
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spelling The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysisAirline industryFinancial analysisFinancial distressBankruptcyRestructuringFinancial distressIndustry analysisQualitative analysisBankruptcyDcf ValuationZ-ScoreComparablesDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe history of Alitalia illustrates how a country's pride quickly turned to disaster when low-cost airlines entered the market in the early 1990s. Despite multiple attempts at restructuring and acquisitions/mergers, the valuations performed in the paper, DCF and Z-score, are evidence of the catastrophic economic condition. While both the European and Italian markets were flourishing, yet the airline continued to lose market share without being able to recover. To complete the analysis of Alitalia's bankruptcy, the following section will examine the company's out-of-control costs in an attempt to comprehend the extent to which they were a driver of the bankruptcy.Irem, DemirciRUNTressoldi, Marta2022-11-09T11:31:40Z2022-06-172021-12-172022-06-17T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/145346TID:203083008enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:25:38Zoai:run.unl.pt:10362/145346Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:52:02.005602Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
title The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
spellingShingle The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
Tressoldi, Marta
Airline industry
Financial analysis
Financial distress
Bankruptcy
Restructuring
Financial distress
Industry analysis
Qualitative analysis
Bankruptcy
Dcf Valuation
Z-Score
Comparables
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
title_full The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
title_fullStr The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
title_full_unstemmed The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
title_sort The collapse of Italy´s flagship company: from national pride to alitalia´s bankruptcy - uncontrolled costs analysis
author Tressoldi, Marta
author_facet Tressoldi, Marta
author_role author
dc.contributor.none.fl_str_mv Irem, Demirci
RUN
dc.contributor.author.fl_str_mv Tressoldi, Marta
dc.subject.por.fl_str_mv Airline industry
Financial analysis
Financial distress
Bankruptcy
Restructuring
Financial distress
Industry analysis
Qualitative analysis
Bankruptcy
Dcf Valuation
Z-Score
Comparables
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Airline industry
Financial analysis
Financial distress
Bankruptcy
Restructuring
Financial distress
Industry analysis
Qualitative analysis
Bankruptcy
Dcf Valuation
Z-Score
Comparables
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The history of Alitalia illustrates how a country's pride quickly turned to disaster when low-cost airlines entered the market in the early 1990s. Despite multiple attempts at restructuring and acquisitions/mergers, the valuations performed in the paper, DCF and Z-score, are evidence of the catastrophic economic condition. While both the European and Italian markets were flourishing, yet the airline continued to lose market share without being able to recover. To complete the analysis of Alitalia's bankruptcy, the following section will examine the company's out-of-control costs in an attempt to comprehend the extent to which they were a driver of the bankruptcy.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-17
2022-11-09T11:31:40Z
2022-06-17
2022-06-17T00:00:00Z
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/145346
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url http://hdl.handle.net/10362/145346
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dc.language.iso.fl_str_mv eng
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instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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