High altitude turbulence. Yesterday Silvano Cassano resigned as CEO of Alitalia, "for personal reasons", we read in the note released by the company shortly before 13 which confirmed the advances of Messaggero.it. Regardless of the official reasons, the basis of the divorce was the disagreements with the Italian partners fueled by the disappointing performance of the carrier, and eventually also with James Hogan, who had originally proposed it but who, in the face of increasingly generalized criticism, had to acknowledge the need for a change. In the first six months of the financial year the company accumulated a net loss of 130 millions (of which 30 in the second quarter) a slight improvement compared to the budget. So, the source of the disagreements is not so much the failure to respect the budget, rather "the fact of not having succeeded - they point out from the inside - to give customers a clear perception of the change"
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Source – https://www.maurizioblondet.it/alitalia-cassano-si-dimette-24-milioni-di-buonuscita-dopo-9-mesi-di-lavoro/