Use of logo, flight codes, intangibles could cost Alitalia's successor millions


By UnreguserLi Jie
  • World
  • Thursday, 29 Oct 2020

ROME, Oct. 28 (Xinhua) -- ITA, the new Italian airline expected to launch next year replacing the country's beleaguered flag carrier Alitalia, will have to pay Alitalia for "intangible" assets, including use of the airline's logo, its flight codes, landing slots and its frequent flier program.

According to Italy's largest newspaper Corriere della Sera and Alitalia officials who spoke to Xinhua, the intangible assets are not automatically transferred to the new entity.

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