Alitalia seals ground staff deal
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Italian airline Alitalia has agreed a deal with its ground staff, paving the way for some 2,500 job cuts and a reduction in staff benefits.
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Alitalia said Thursday it has reached an agreement with unions representing its ground crew staff to cut 2,500 jobs and freeze pay increases, moving a step closer to approving a crucial restructuring plan.
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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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Shares in Alitalia gained over 5.0 percent Monday after the state-controlled airline clinched a final union agreement over job and wage cuts, clearing a key obstacle to its turnaround plan.
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Italy&#39;s loss-making Alitalia has reached a deal with its unions to split the state-controlled airline in two, helping secure the company&#39;s immediate future and opening the way for partial privatization.
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Italian airline company Alitalia unions and management on Saturday agreed on new contract terms for flight assistants, ending a tense round of negotiations involving the airline&#39;s workers.
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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 picks Air France-KLM as its top bidder, clearing the way for takeover talks to move ahead.
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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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Shares in Alitalia soared in early trading in Milan today after a deal between management and flight attendants over the weekend as part of rescue cutbacks.
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Alitalia bosses and unions along with the government announced agreement on a deal to salvage the troubled Italian flag-carrier, overcoming the final hurdle by settling the issue of compensation for those who will lose their jobs in the process.
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ROME : Alitalia management and flight attendants reached agreement on a crucial deal early Saturday on job cuts that would allow the struggling airline to keep flying, union sources quoted by ANSA news agency said.
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With union backing for job cuts, Alitalia&#39;s board has approved a four-year business plan to save the near-bankrupt Italian airline from collapse.
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LONDON, October 6  - Alitalia (ALI.FSE) has reached an agreement with its major labour unions and the Italian government, enabling the loss-making airline to access a â¬400 million (â¬492.
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Alitalia in Rome said Friday it reached a deal with eight of its nine labor unions to split the ailing carrier in two to stave off bankruptcy.
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Italian airline Alitalia signed an agreement Wednesday with the government and labor unions over layoffs at the carrier, the final hurdle in long negotiations for ensuring the company's immediate survival.
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Near-bankrupt Alitalia held crucial contract negotiations with unions representing flight attendants and ground staff Wednesday in a last-minute attempt to save the state-controlled airline from collapse.