Alitalia, `Cushy&#39; Jobs Machine, Faces Cost Cuts
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Every morning at 7:45, Alitalia SpA Flight 1022 leaves Rome&#39;s Fiumicino Airport for Milan&#39;s Malpensa Airport. An average of 80 seats on the Airbus 320, 60 percent of the total, are occupied
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Loss-making Italian airline Alitalia outlined a new rescue strategy on Thursday that included plans to launch another capital increase and cut an unspecified number of jobs.
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The Italian airline Alitalia is to reveal proposals to stave off bankruptcy.
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Working for a failing airline many Italians love to hate is never easy, but some harassed Alitalia staff say a dud privatization has pushed their working lives to a new low.
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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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Racing to avoid bankruptcy, Alitalia (AZPIa.MI: Quote, Profile, Research) struggled into the early hours of Thursday for a last-minute deal with its powerful unions to roll
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Italy's flagship air carrier Alitalia plans to cut 5,000 jobs as part of restructuring efforts aimed at averting collapse, news reports and an industry source said yesterday.
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ROME  - Alitalia said Thursday it had reached an agreement with unions representing its ground crew staff to cut 2,500 jobs, moving a step closer to approving a crucial restructuring plan.
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Unions and management at Alitalia have struck a deal on payoffs for 3,700 employees set to lose their jobs. The agreement should open the way for the restructuring which could save the Italian carrier from bankruptcy.
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Unions at Alitalia airlines are harshly criticizing plans to slash 5,000 jobs at the ailing Italian company. One of Alitalia&#39;s smaller unions said it would stage a hunger strike to protest the cuts.
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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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ROME  - Italy's flagship airline Alitalia said Monday that its operating loss narrowed in the fourth quarter but widened for all of last year amid higher oil prices and labour unrest.
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Shares in Alitalia are soaring as the board of the Italian carrier prepares to approve a rescue plan that will cut jobs and slash wages in an effort to avoid collapse.
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A decision on which bidder will secure troubled Italian airline Alitalia is put off until Tuesday.
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Italian airline Alitalia made a net loss of 620 million euros in the first half of 2004, the group announced after a board meeting.
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Its future at stake, Italy's flagship air carrier Alitalia said it plans to cut 5,000 jobs--almost a fourth of its workforce--as part of restructuring efforts aimed at averting collapse.
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ROME - Italy's flagship air carrier Alitalia plans to cut 5,000 jobs as part of restructuring efforts aimed at averting collapse, news reports and an industry source said Monday.    The cuts are almost a fourth of Alitalia's 22,000-strong workforce...