It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
Airbus and Italy’s ITA Airways have expanded their collaboration on advanced air mobility to include vertiport developer UrbanV and Italian energy company Enel.
Like many other carriers, ITA is focusing on rail partnerships amid increased scrutiny on the environmental impact of aviation and pressure to cut emissions.
From April 2024, ITA Airways will operate 6X-weekly flights between Rome Fiumicino Airport and Chicago, adding 6X-weekly service to Toronto starting in May.