IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-26951-8_6.html
   My bibliography  Save this book chapter

Alitalia and Commercial Aviation in Italy

In: Flying the Flag

Author

Listed:
  • Amilcare Mantegazza

Abstract

As part of Mussolini’s drive to develop a major state-owned industrial sector in Italy, the flagship aviation company Ala Littoria was created in 1934. Mussolini’s aim was to remedy the economic instability of the early 1930s. The established policy of purely financial rescue of major industries was replaced with one of massive direct state intervention in the industrial sector, a practice that was to characterize economic development in Italy for the next fifty years. On the advice of Mussolini’s economic adviser, Alberto Beneduce, the Istituto per la Ricostruzione Industriale (IRI) was set up and given control of the industrial shares that private banks specializing in long-term loans to industry had accumulated in the last decade of the nineteenth century, when they financed the industrial development of the country. It has been calculated that IRI came to possess 21.5 per cent of the total Italian share capital and since it was majority shareholder in 85 per cent of the companies in which it had an interest, its influence actually extended to 42 per cent of Italian share capital. 1

Suggested Citation

  • Amilcare Mantegazza, 1998. "Alitalia and Commercial Aviation in Italy," Palgrave Macmillan Books, in: Hans-Liudger Dienel & Peter Lyth (ed.), Flying the Flag, chapter 6, pages 159-194, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-26951-8_6
    DOI: 10.1007/978-1-349-26951-8_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-26951-8_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.