Alitalia &#39;strikes cabin crew deal&#39;
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Alitalia appeared to clinch its final union agreement on Saturday over job and wage cuts, as cabin crews agreed to a painful restructuring needed to prevent the airline&#39;s collapse, a union source said.
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Alitalia's talks with unions look set to continue into the weekend, as management struggle to reach a deal with cabin crew.
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Alitalia, the Italian government-run airline, plans to lay off about 5,000 of its 21,000 employees in a move to avoid filing for bankruptcy protection.
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(AGI) - Rome, Oct. 6 - The agreement on the provisions for more than 3 thousand workers, which closes the Alitalia dispute, was reached during the night at the Prime Minister&#39;s Office after a marathon no-stop.
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Crisis-hit Italian airline Alitalia agrees a deal with its ground staff, paving the way for 2,500 job cuts and a reduction in staff benefits.
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Alitalia bosses and union and government officials forged a deal to save the troubled Italian flag carrier after thrashing out the details of redundancy payments for 3,700 workers who will lose their jobs in a restructuring plan.
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Alitalia management and flight attendants have agreed to a crucial deal on job cuts that would allow the struggling airline to keep flying, union sources say.
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LONDON, England -- Italian trade unions have rejected a rescue plan put forward by Alitalia management, intended to turn the airline around with job cuts and a restructured corporate framework.
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Alitalia reaches an agreement with all but one trade union over plans to split the troubled national Italian airline into two.
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Alitalia airline won a thumbs up from the stock market following a weekend job-cutting deal with flight attendants seen as clearing away a threat of bankruptcy and opening up new horizons.
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Alitalia, the Italian government-run airline and a partner with Delta and Air France in the SkyTeam alliance, told its unions on Monday that it planned to lay off about 5,000
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Alitalia SpA has signed an agreement for a euro400 million (US$496 million) bridge loan, the struggling Italian airline said Monday.
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Italian carrier Alitalia signed an agreement Wednesday with the government and labor unions over layoffs at the airline, the final hurdle in long negotiations for ensuring the company's survival.
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Shares of Italian airline up on optimism that pilot agreement is first step to regaining health. ROME  - With a boost from a vital deal with pilots, Alitalia and unions for cabin crew and ground staff
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Alitalia SpA, Italy&#39;s largest airline, reached a government-brokered agreement with its labor unions that will allow the carrier to cut about 3,700 jobs and gain funding for a plan to reorganize the company.
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Alitalia management and flight attendants have agreed a crucial deal early on job cuts that would allow the struggling airline to keep flying, union sources were quoted by ANSA news agency as saying.
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The Italian airline Alitalia warned that it was headed for bankruptcy within a month, as the government appealed to unions and the company management to strike a deal to save the struggling carrier.