Società per azioni ( S.p.A. or spa ) is a form of corporation in Italy , meaning 'company with shares' (although often translated as ' joint-stock company ', which may or may not be a limited liability entity). It is more or less equivalent to S.A. or public limited company (PLC) in other countries.
61-466: Italia Trasporto Aereo S.p.A. ( pronounced [iˈtaːlja traˈspɔrto aˈɛːreo] ), doing business as ITA Airways , is the flag carrier airline of Italy . It is owned by the government of Italy via the Ministry of Economy and Finance and was founded in 2020 as bankrupt Alitalia 's successor. The airline flies to over 70 scheduled domestic, European, and intercontinental destinations. ITA
122-438: A board of directors on behalf of the shareholders. On account of these characteristics, an S.p.A. can raise large amounts of capital by incentivizing many investors to buy its shares, making the S.p.A. suitable for large undertakings. Accordingly, the S.p.A. is the legal form in which large companies typically operate all over the world. The elements that characterize this type of company and are essential to be able to apply
183-612: A Legislative Decree 385/1993). This article relating to the law of Italy is a stub . You can help Misplaced Pages by expanding it . Miami International Airport Miami International Airport ( IATA : MIA , ICAO : KMIA , FAA LID : MIA ) — also known as MIA and historically as Wilcox Field — is the primary international airport serving Miami , Florida and its metropolitan area with over 1,000 daily flights to 185 domestic and international destinations, including most countries in Latin America . The airport
244-729: A Miami hub in 1992, positioning a fleet of DC-9 aircraft at MIA to serve destinations in Central America and the Caribbean . The hub took advantage of rights granted under the 1991 bilateral aviation agreement between the United States and Spain. During the 1990s, the airport had sterile international-to-international transit facilities in Concourse D (American, British, and Alitalia) and Concourse F (Iberia and four Central American carriers), and there were plans to establish
305-587: A base at MIA in August 1988. Lorenzo considered selling Eastern's profitable Latin America routes to AA as part of a Chapter 11 reorganization of Eastern in early 1989 but backed out in a last-ditch effort to rebuild the MIA hub. The effort quickly proved futile, and American Airlines purchased the routes (including the route authority between Miami and London then held by Eastern sister company Continental Airlines ) in
366-587: A defined threshold. This saw the blue chips of the FTSE MIB Index: Banco BPM , BPER Banca , UBI Banca , demutualized from S.c.p.a., S.c. a.r.l., or S.c. legal forms (respectively, co-operative company by shares, co-operative company with limited liability, and co-operative company). As a legal form , the S.p.A. has five characteristics that are always present and universally recognized: legal personality, limited liability , transferable shares, ownership by shareholders , and management by
427-496: A demand, the Miami-Dade Board of County Commissioners approved a $ 5 billion improvement plan to take place over 15 years and concluding in 2035. The comprehensive plan includes concourse optimization, construction of two on-site luxury hotels, the demolition of Concourse G, and expansion of the airport's cargo capacity. Miami International Airport contains three terminals (North, Central, and South) and six concourses for
488-555: A hub in Atlanta. Consequently, South African replaced its Miami service with a flight to Atlanta in January 2000. Concourse A was built on the northeast side of the terminal in 1995, and Concourse H was rebuilt in 1997. Concourse J was built in August 2007 along with an expansion of the terminal on the south side. American began the development of the current North Terminal in the 1990s. Concourses B and C were demolished as part of
549-400: A liquidation of Eastern which was completed in 1990. Later in the 1990s, American transferred more employees and equipment to MIA from its failed domestic hubs at Nashville, Tennessee , and Raleigh–Durham, North Carolina . The hub grew from 34 daily departures in 1989 to 157 in 1990, 190 in 1992, and a peak of 301 in 1995, including long-haul flights to Europe and South America . Today Miami
610-448: A private company after reorganizing and merging with the bankrupt Italian airline Air One . Alitalia reorganized again in 2015 after receiving an investment from Etihad Airways , with Air France–KLM already owning a minority stake. With multiple failed attempts to make the airline profitable, the airline was placed under extraordinary administration in 2017 just days after Etihad Airways ended its support of Alitalia. On 17 May 2017, after
671-431: A responsabilità limitata (S.r.l.) (' limited liability company '). S.p.A. issued shares ( Italian : azioni ), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of profit and assets, which was more comparable to a limited partnership . Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally
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#1732776268100732-483: A station at the MIC have been on hold since it was discovered that the platform built for that purpose was too short for Amtrak trains. As of early 2022, there is still no Amtrak service at the MIC. The rental car center consolidates airport car rental operations at the MIC. Miami International Airport has direct public transit service to Miami-Dade Transit 's Metrorail , Metrobus network; Greyhound Bus Lines and to
793-462: A sterile corridor for international connecting passengers between six concourses. However, the September 11, 2001, attacks made it necessary for many foreigners to obtain a visa in order to transit the United States, and as a result, United Airlines and Iberia closed their hubs in 2004. MIA is projected to process 77 million passengers and 4 million tons of freight annually by 2040. To meet such
854-406: A total of 131 gates. With the exception of Concourse G, all concourses contain gates to access U.S. Customs and Border Protection facilities. American operates three Admirals Clubs and one Flagship Lounge across Concourses D & E. Numerous other lounges exist across the airport as well, including an American Express Centurion Lounge located in Concourse D. The North Terminal (Concourse D)
915-513: A wing for American Eagle commuter flights. Pan Am was acquired by Delta Air Lines in 1991, but filed for bankruptcy shortly thereafter. Its remaining international routes from Miami to Europe and Latin America were sold to United Airlines for $ 135 million as part of Pan Am's emergency liquidation that December. United's Latin American hub offered 24 daily departures in the summer of 1992, growing to 36 daily departures to 21 destinations in
976-405: Is American's largest air freight hub and is the main connecting point in the airline's north–south international route network. In December 1992, South African Airways launched flights to Johannesburg via Cape Town using a Boeing 747. The company's codeshare agreement with American Airlines supported the route. The carrier later decided to codeshare with Delta Air Lines instead, which operated
1037-577: Is a member of the SkyTeam airline alliance . Its main hub is Rome Fiumicino Airport near Rome and focus city is Linate Airport near Milan . ITA Airways will leave SkyTeam and join Star Alliance as part of the process of its acquisition by Lufthansa Group . Italy's flag carrier Alitalia had been in operation since 1946. It was owned by the Italian government until 2009 when it became
1098-438: Is for the exclusive use of American Airlines. The Central Terminal (Concourses E, F, and G) has varied uses; Concourse E is mainly used by American and its Oneworld partner airlines along with some Caribbean and Latin American airlines, and E's satellite terminal has a gate that can accommodate an Airbus A380 . Concourses F and G are used by non-AA domestic and Canadian carriers and flights. The South Terminal (Concourses H and J)
1159-552: Is in an unincorporated area in Miami-Dade County , 8 miles (13 km) west-northwest of Downtown Miami , in metropolitan Miami, adjacent to the cities of Miami and Miami Springs , and the village of Virginia Gardens . Nearby cities include Hialeah , Doral , and the Census-designated place of Fontainebleau . In 2021, Miami International Airport became the busiest international cargo airport in
1220-504: Is located on the west side of the airport, inside the triangle formed by Runways 12/30 and 9/27. Cargo carriers such as LATAM Cargo , Atlas Air , Amerijet International , and DHL operate from this area. The largest privately owned facility is the Centurion Cargo complex in the northeast corner of the airport, with over 51,000 m (550,000 sq ft) of warehouse space. FedEx and UPS operate their own facilities in
1281-589: Is often nicknamed "Shepherd One" by the press, while the actual callsign is "Volo Papale" (papal flight, in Italian) followed by a serial number. On 24 January 2022, ITA announced that MSC Group and Lufthansa had expressed an interest in becoming majority owners of the Italian airline, with the Italian Government keeping a minority stake. On 10 March 2022, fellow SkyTeam members Delta Air Lines and
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#17327762681001342-424: Is served directly by Tri-Rail , Miami's commuter rail system, which began service on April 5, 2015. Tri-Rail connects MIA to northern Miami-Dade, Broward , and Palm Beach counties. Tri-Rail directly serves points north such as Boca Raton , Deerfield Beach , Delray Beach , Fort Lauderdale , Hollywood , Pompano Beach and West Palm Beach . MIA has a number of air cargo facilities. The largest cargo complex
1403-475: Is the largest gateway between the U.S. and Latin America and the Caribbean and one of the largest airline hubs in the nation. The first airport on the site of MIA opened in the 1920s and was known as Miami City Airport . Pan American World Airways ("Pan Am") opened an expanded facility adjacent to City Airport, Pan American Field , in 1928. Pan American Field was built on 116 acres of land on 36th Street and
1464-508: Is the main non-Oneworld international terminal. Concourse H is largely used by Delta and non-Oneworld international carriers that send narrowbody planes largely from Central and the northern parts of South America, and some widebody flights; and Concourse J is used by most non-Oneworld international carriers that send widebody planes and is the main terminal at MIA for non-Oneworld trans-continental flights. Concourse J also has one gate that can accommodate an A380. Miami International Airport uses
1525-635: The Air France-KLM group also expressed interest in investing in ITA, by teaming up with investment firm Certares. Indigo Partners also expressed interest, leaving a total of three interested parties. After the deadline ended on 23 May 2022, only MSC/Lufthansa and Air France-KLM/Certares bid for ITA. As of 31 August 2022, the Italian government has stated their preference for the Air France-KLM/Certares bid, initiating exclusive talks with
1586-860: The Airbus A220 , Airbus A320neo , Airbus A321neo , Airbus A321LR , Airbus A330neo , and Airbus A350 . The company proposed the Airbus A321LR for the confirmed long-haul destinations in the Middle East (Kuwait City, Riyadh, Jeddah) and Central Africa (Dakar, Lagos). In addition, the new long-haul fleet will enable the airline to operate new future routes to destinations in North America and Oceania like Atlanta , Dallas/Fort Worth , Philadelphia , Detroit , Denver , Seattle/Tacoma , San Diego , Las Vegas , Charlotte , Montréal–Trudeau , Vancouver , Sydney , Melbourne and Auckland . After
1647-568: The Caribbean . Miami also serves as a focus city for Avianca , Frontier Airlines , and LATAM , both for passengers and cargo operations. Miami International Airport covers 1,335 hectares (3,300 acres). It is South Florida 's main airport for long-haul international flights and a hub for the Southeastern United States with passenger and cargo flights to cities throughout the Americas, Europe , Africa , and Asia . It
1708-569: The MIA Mover , a free people mover system to transfer passengers between MIA terminals and the Miami Intermodal Center (MIC) that opened to the public on September 9, 2011. The MIC provides direct access from the airport to ground transportation (shuttle/bus/rail) as well as rental car companies. A Metrorail station opened at the MIC on July 28, 2012; a Tri-Rail station followed on April 5, 2015. Plans for Amtrak to operate
1769-556: The Tri-Rail commuter rail system. Metrorail operates the Orange Line train from Miami International Airport to destinations such as Downtown , Brickell , Health District , Coconut Grove , Coral Gables , Dadeland , Hialeah , South Miami , and Wynwood . It takes approximately 15 minutes to get from the airport to Downtown. Miami-Dade Transit operates an Airport Flyer bus that connects MIA directly to South Beach . MIA
1830-525: The impact of the COVID-19 pandemic on its own. On 10 October 2020, the Italian government signed a decree to allow the airline to reorganize as Italia Trasporto Aereo S.p.A . On 28 October 2020, it was reported that ITA was expected to buy several assets from Alitalia – Società Aerea Italiana S.p.A., including the brand and the flight codes of Alitalia and Alitalia CityLiner , the IATA ticketing code (055),
1891-608: The German carrier. On 25 May 2023, Lufthansa acquired 41% of ITA from the Italian Government, making ITA Airways Lufthansa's fifth network carrier. Lufthansa also announced its intention to target two years to acquire the remaining 59% and make ITA a wholly-owned subsidiary of Lufthansa. The acquisition received the approval from the European Commission on 3 July 2024. The airline will leave SkyTeam and join Star Alliance in 2026 or 2027. In its first year of operation,
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1952-706: The MilleMiglia frequent-flyer program, and airport slots at London Heathrow (68 weekly slots in summer and 65 in winter). The transaction was expected to cost €220 million. However, on 8 January 2021, the European Commission sent a letter to the Italian Permanent Representative to the European Union calling for Italy to launch an "open, transparent, non-discriminatory and unconditional tender" to shed Alitalia assets. The letter consisted of 62 requests for clarification, rejecting
2013-636: The MilleMiglia program in its entirety could not be transferred to the new corporate entity. On 26 August 2021, ITA officially opened ticket sales on its newly launched website. On 27 August 2021, ITA applied for an Exemption and a Foreign Air Carrier Permit with the United States Department of Transportation . The document noted the airline's intention to start flying to New York-JFK , Boston and Miami in 2021, Los Angeles and Washington-Dulles in 2022, and Chicago-O'Hare and San Francisco in 2023. The same document stated that before
2074-761: The S.p.A. was governed by the Commercial Code of 1865, and subsequently by that of 1883, under the name " società anonima " ('anonymous company'). The regulations contained within the civil code remained unaltered until the 2003 Company Law Reform. The regulations in effect are set out in the Italian Civil Code of 1942, which also adopted the name currently in use. Within the civil code, the articles specifically addressing S.p.A. are found in Articles 2325-2510 of Book V, Title V. Since 2016, banks are required to run as S.p.A. if their assets are more than
2135-528: The U.S. and the busiest U.S. gateway for international passengers, surpassing John F. Kennedy International Airport in New York City . As of 2021, it is the 10th busiest airport in the U.S. with 17,500,096 passengers for the year. It is Florida 's busiest airport by total aircraft operations, total cargo traffic and total passenger traffic. The airport is American Airlines ' third-largest hub and serves as its primary gateway to Latin America and
2196-414: The airline carried 9 million passengers. The key trends of ITA Airways are (as of the financial year ending 31 December): On 15 October 2021, the day flight operations began, ITA Airways' new brand was also presented. ITA's aircraft livery features a renewed design and new color scheme, with a fully pearlescent Italian blue fuselage and white engines, a white and red "ITA Airways" logo positioned between
2257-452: The airline from buying Alitalia's MilleMiglia loyalty program. As of November 2024, ITA Airways serves 73 destinations, in Italy , Europe , Africa , Asia , North and South America. ITA plans to serve 74 destinations and 89 routes by 2025. ITA Airways has been a member of the SkyTeam alliance since 29 October 2021. ITA Airways will leave SkyTeam and join Star Alliance as part of
2318-449: The closure of the route between Milan Malpensa Airport and New York—JFK on 8 January 2024, to simplify operations, all international destinations are operated exclusively from Rome Fiumicino Airport . On 15 October 2021, ITA Airways took possession of 49 aircraft from Alitalia in the wake of that airline's shutdown on 14 October 2021, including 18 Airbus A319-100s , 25 Airbus A320-200s , and 6 Airbus A330-200s . These aircraft joining
2379-454: The first two exit doors, and several icons inspired by Italy's landmarks, along with the Italian tricolor , on the empennage . All aircraft are named after meritorious Italian sportspeople . The "Alitalia" brand, though not currently used, was purchased for potential future marketing operations and to prevent its use by competitors. In October 2023, ITA Airways sued competitor airline AeroItalia over its branding and name, deemed too similar to
2440-526: The fleet were in addition to the 2 Airbus A320-200 and the 1 Airbus A330-200 already under the ITA Airways AOC. The addition of these 49 aircraft brought ITA’s fleet total to 52 aircraft, the planned number for the start of operations. [REDACTED] Media related to ITA Airways at Wikimedia Commons Societ%C3%A0 per azioni The other common form of corporation in Italy was società
2501-643: The former Miami Army Airfield , which was purchased from the United States Army Air Force south of the railroad in 1949 and expanded further in 1951 when the railroad line itself was moved south to make more room. United States Air Force Reserve troop carrier and rescue squadrons also operated from the airport from 1949 through 1959, when the last unit relocated to nearby Homestead Air Force Base (now Homestead Air Reserve Base ). Pan Am and Eastern also constructed maintenance bases in Miami in
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2562-473: The government ruled out nationalizing the airline, it was officially put on the auction block. After multiple failed negotiations with Delta Air Lines , EasyJet , Italian railway company Ferrovie dello Stato Italiane , and China Eastern Airlines , the Italian government took ownership of the airline in March 2020. The government takeover was due in part to the belief the airline would not be able to survive
2623-412: The group. On 19 January 2023, Lufthansa submitted a bid to the Italian Government to begin acquiring a minority share in the airline, to purchase the remaining shares over an extended period and have the airline join the larger Lufthansa Group . On 27 January 2023, the Italian government and Lufthansa signed a letter of intent over the sale of a minority stake, paving the way for exclusive negotiations with
2684-472: The idea that the old carrier could sell its assets to the new company with no open bidding. The letter stated that ITA should not retain the Alitalia brand since the brand is an emblematic indicator of continuity. The European Commission suggested that the combined aviation, ground handling, and maintenance businesses should be sold separately to a third party. It also suggested that slots must be sold, and that
2745-407: The late 1940s, which made the airport the world's largest commercial aircraft maintenance and overhaul facility at the time. The old terminal on 36th Street was closed in 1959 when the current terminal (known as the 20th Street Terminal) opened. The 20th Street Terminal at the time the largest central airport terminal in the world, with five concourses (Concourses C-G) and a 270-room hotel. In 1961,
2806-508: The late 1970s and early 1980s, Air Florida had a hub at MIA, with a nonstop flight to London , England which it acquired from National upon the latter's merger with Pan Am. Air Florida ceased operations in 1982 after the crash of Air Florida Flight 90 . British Airways flew a Concorde SST (supersonic transport) triweekly between Miami and London via Dulles International Airport in Washington, D.C. , from 1984 to 1991. The terminal
2867-490: The legislation relating to this institution are: If one of these elements is missing, the case is not considered integrated, and therefore the regulations of the SpA are not applicable. Due to these characteristics (high capital and public sale of shares), the S.p.A. is the only joint-stock company allowed to exercise insurance activity (art. 14 letter a Legislative Decree 209/2005) and the exercise of banking activity (art. 14 letter
2928-423: The northeast corner of MIA, Eastern's maintenance base. Eastern remained one of the largest employers in the Miami metropolitan area until ongoing labor union unrest, coupled with the airline's acquisition by Texas Air in 1986, ultimately forced the airline into bankruptcy in 1989. Eastern operated out of Concourses B through D on the north side of the terminal, where American's Concourse D stands today. Concourse E
2989-549: The one once used by Alitalia. ITA is part-owned by the Italian government via the Ministry of Economy and Finance . As such, the airline's corporate offices are located in the ministry. The airline's chief executive officer is Fabio Lazzerini. In 2023, Lufthansa Group reached agreement on the acquisition of a 41 percent stake in ITA Airways. Volare is the airline's loyalty program, through which customers accrue points based on miles flown. The European Commission prohibited
3050-583: The process of its acquisition by Lufthansa . ITA Airways codeshares with the following airlines: ITA Airways has interline agreements with the following airlines: As of September 2024, ITA Airways operates an all- Airbus fleet composed of the following aircraft: Announced on 30 September 2021, ITA Airways signed an agreement with Airbus with an order for 10 Airbus A330neo , 11 Airbus A320neo and 7 Airbus A220 . ITA Airways also announced an agreement with Air Lease Corporation and other aircraft leasing companies to take up to 56 aircraft, including
3111-443: The project with Concourse A becoming the eastern end of the expanded Concourse D. Although the terminal was originally scheduled to be completed in 2004, numerous delays arose in the construction process, and Miami-Dade County took over control of the project in 2005, at which time the project had a budget of $ 2.85 billion. The terminal was ultimately completed in 2011 and included Skytrain , an automated people mover system, as well as
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#17327762681003172-491: The protest "a national shame". ITA officially joined the SkyTeam alliance on 29 October 2021, but for the time being only for one year until new owners have been found and a long-term strategy has been made. Starting on 2 December 2021, ITA started carrying flights with the Pope when making pastoral and state visits to a country starting with Pope Francis , replacing Alitalia for most outbound papal flights. The Pope's flight
3233-503: The purchase of 10 Airbus A330neo, 7 Airbus A220 and 11 Airbus A320neo aircraft, for a total of 28, along with an agreement with Air Lease Corporation to lease an additional 31 new Airbus aircraft, including the Airbus A350-900 . On 22 October 2021, former Alitalia employees who had not been rehired protested against ITA. Women at the demonstration shouted slogans wearing only white nightgowns. Company CEO Alfredo Altavilla called
3294-449: The south of Pan American Field. The runways of the two were originally separated by railroad tracks, but the two airfields were listed in some directories as a single facility. Following World War II in 1945, the City of Miami established a Port Authority and raised bond revenue to purchase Pan American Field, which had been since renamed 36th Street Airport , from Pan Am. It merged with
3355-439: The start of its flight operations, planned for 15 October 2021, ITA would acquire certain assets from Alitalia – Società Aerea Italiana S.p.A., and that ITA would also participate in a public tender to acquire the " Alitalia " brand. On 30 September 2021, ITA announced that it would work with Airbus as a "strategic partner", providing details of its fleet plans. The airline announced a Memorandum of Understanding with Airbus for
3416-539: The summer of 1994, but returned to 24 daily departures in the summer of 1995 and never expanded further. United ended flights from Miami to South America, and shut down its Miami crew base, in May 2004, reallocating most Miami resources to its main hub in O'Hare International Airport in Chicago. United ceased all mainline service to Miami in 2005 with the introduction of its low-cost product Ted . Iberia also established
3477-464: The terminal in 1973 to accommodate the expansion of Eastern Air Lines. In 1977, Concourse E's satellite terminal opened. The satellite was originally connected with shuttle buses, though a people mover was built to connect the satellite in 1980. Nonstop flights to Chicago and Newark started in late 1946, but nonstops didn't reach west beyond St. Louis and New Orleans until January 1962. Nonstop transatlantic flights to Europe began in 1970. In
3538-399: The terminal was expanded with the addition of a sixth concourse (Concourse H) on the south side, which was the first concourse at the airport to include jetways. By 1965, the original five concourses were renovated with jetways added to them. The 20th Street Terminal was expanded in the 1970s. Parking garages were added just east of the terminal and Concourse B opened on the north side of
3599-596: Was further expanded in the 1980s. The original Concourses D and E were rebuilt early in the decade and Concourses B and F were expanded. Pedestrian bridges with moving walkways were built in 1985 connecting the parking garages with the third level of the terminal. Within the next few years, the moving walkway system on the third level was expanded to run along the full length of the terminal. After former Apollo 8 astronaut Frank Borman became president of Eastern Air Lines in 1975, he moved Eastern's headquarters from Rockefeller Center in New York City to Building 16 in
3660-579: Was the home for most international carriers, while Pan Am operated out of Concourses E and F. Amid Eastern's turmoil, American Airlines CEO Robert Crandall sought a new hub in order to utilize new aircraft which AA had on order. AA studies indicated that Delta Air Lines would provide strong competition on most routes from Eastern's hub at Hartsfield–Jackson Atlanta International Airport in Atlanta , but that MIA had many key routes only served by Eastern. American Airlines announced that it would establish
3721-496: Was the only mainland airport in the eastern United States that had port of entry facilities. Its runways were located around the threshold of today's Runway 26R. Eastern Air Lines began to serve Pan American Field in 1931, followed by National Airlines in 1936. National used a terminal on the opposite side of LeJeune Road from the airport and would stop traffic on the road in order to taxi aircraft to and from its terminal. Miami Army Airfield opened in 1943 during World War II to
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