How much public money was spent trying to save Alitalia?

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Over €13 Billion Spent by Italian State on Alitalia Revival

The Italian state has allocated over €13 billion in recapitalisations and bridging loans in an attempt to revive Alitalia over the years. Despite these significant investments, the airline accumulated substantial losses, reaching €11.4 billion between 2000 and 2020.
State Funding for ITA Airways

The European Commission has authorised the injection of €1.35 billion in public funds for the new venture, ITA Airways. This authorisation includes exempting ITA from repaying state aid previously received by its predecessor, Alitalia.
Accumulated Losses of Alitalia

Alitalia's financial struggles culminated in significant accumulated losses amounting to €11.4 billion over a two-decade period, from 2000 to 2020. This period saw the airline's continued deterioration, exacerbated by the impact of the coronavirus pandemic.
Alitalia's Decline and Altaration

The ill-fated Alitalia, after 74 years of operation, ceased its flights, with its final landing occurring on a Thursday night in Rome. The new national carrier, ITA Airways, was formed from the remnants of Alitalia, taking over half of its planes and landing slots under an agreement with the European Union.

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How much public money was spent trying to save Alitalia?

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