EU transport chief hails Alitalia accord
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EU transport and energy commissioner Loyola de Palacio hailed the accord reached between Alitalia management and staff on a major restructuring plan aimed at keeping the struggling airline in the air.
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European airlines welcomed on Friday a provisional deal between the United States and the EU to open transatlantic aviation markets, saying the pact showed progress toward EU desires to invest more in U.S. carriers.
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Labor and management at Italian state airline Alitalia reached an agreement in principle on reorganizing the troubled carrier that leaves the government with at least a 30 percent stake in the company.
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Alitalia SpA, Italy&#39;s largest airline, reached an agreement with pilots to increase work hours and reduce pay ahead of tomorrow&#39;s deadline set by Chief Executive Giancarlo Cimoli, union officials said.
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Bruxelles. Sia il piano industriale di Alitalia, sia le recenti manovre aziendali della compagnia italiana &#39;&#39;sollevano seri dubbi circa la loro compatibilita&#39; con le condizioni&#39;&#39; fissate dalla Commissione europea in materia di aiuti di stato.
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European Commission President- designate Jose Barroso won parliamentary approval for his 25- member leadership team, pledging to spur the flagging economy and repair trans-Atlantic ties.
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Pilots at Alitalia agreed Tuesday to nearly double their annual flying hours and accept lower pay - the first breakthrough in talks aimed at keeping the near-bankrupt Italian carrier in business.
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After winning union acceptance of job cuts, Alitalia gave formal approval Monday to a four-year business plan aimed at saving the near-bankrupt Italian airline from collapse.
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Air France-KLM on Monday detailed its offer to buy Alitalia, including a cash injection and promising no new lay-offs, confirming comments made on Sunday by its chairman to Italian newspapers.
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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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Alitalia will survive barring unexpected difficulties, the financially shaky airline's CEO said Thursday, indicating optimism over the possibility of forging a domestic partnership as part of strategy to save the state-run carrier.
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Amid around-the-clock negotiations with unions over a crucial rescue plan, Alitalia has sealed a deal with pilots that increased the airline&#39;s hopes of averting collapse.
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Alitalia reached a vital deal with its pilots on productivity improvements on Tuesday, a day ahead of a deadline to seal a rescue plan or face bankruptcy, union sources said.
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Incoming EU Commission president Jose Manuel Barroso claimed tonight that his new 25-member team deserved the European parliamentâs full support.
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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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Shares in Italian carrier Alitalia surge as it finalises a deal with unions which will keep it in the air.
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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.