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However, airline analyst Oliviero Baccelli at Milan's Bocconi University said the postal services participation would be mostly a financial one, and that there were not true synergies given that Alitalia sold off its cargo business five years ago, and that the postal service operates different aircraft than Alitalia and from an airport in Brescia not served by Alitalia. To return to profitability, Alitalia should focus on longer-range flights toward the Middle East, Asia and South America, Baccelli said. The airline's margins have been hurt by Italy's recession, higher fuel prices and higher environmental and airport taxes.
[Associated
Press;
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