Prodi to push Alitalia-Air France deal
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Outgoing Italian premier Romano Prodi said Wednesday he would try to secure the sale of ailing flag carrier Alitalia to Air France-KLM by mid-April elections despite resistance from northern Italy.
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Alitalia's suitors Air France-KLM  and Air One each detailed plans which could nearly double its  capital and promised it new planes on Monday, a day before the  indebted airline's board meets to pick a partner.
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Premier Romano Prodi sought to win over senators Tuesday in a speech meant to woo both Catholics and communists in his fractious coalition, a day before a confidence vote that will decide the survival of Italy's 61st postwar government.
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PARIS/ROME  - Alitalia's suitors Air France-KLM and Air One each detailed plans which could nearly double its capital and promised it new planes on Monday, a day before the indebted airline's board meets to pick a partner.
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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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ROME -- The future of Italian air carrier Alitalia is at stake in a meeting set with unions today to reveal the number of planned job cuts as part of a restructuring plan aimed at averting collapse.
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EuropeÂs biggest airline said Thursday that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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Air France-KLM reveals that its offer for the Italian airline Alitalia is to be structured as a share swap.
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Alitalia&#39;s shares soared yesterday as hopes increased that the struggling Italian airline and labour unions might clinch a deal on a relaunch plan aimed at saving the company before a deadline today.
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ROME  - With the future of Italy's flagship carrier at stake, Alitalia began crucial talks with unions Monday to unveil a rescue plan - including expected layoffs - aimed at averting collapse.
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Italy&#39;s struggling state carrier Alitalia met with labor unions Tuesday, trying to persuade them to accept a sweeping restructuring plan after announcing a further worsening of the airline&#39;s financial situation.
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Management and union leaders at Alitalia reached agreement on a new contract for pilots, though talks continued for other job categories ahead of a Wednesday deadline the company has set to work out a rescue package for the ailing carrier, union leaders said.
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Air France-KLM, the world's largest airline by revenues, came a step closer Friday to controlling the near-bankrupt Alitalia after Italy's finance minister said it could begin exclusive takeover talks.
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Business deals are set to take centre stage at a summit on Wednesday between Russian President Vladimir Putin and Italian Prime Minister Romano Prodi in the southern Italian city of Bari.
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"The goal is to make the new Alitalia number four in Europe, a company that should reach financial equilibrium by 2009 and begin turning a profit in 2010."  Italy's Air One and European giant Air France-KLM on Monday unveiled details of their rival bids for Alitalia, with both proposing a major overhaul of the near-bankrupt Italian flagship's ageing fleet. via The Tocqueville Connection
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The Italian government gives its backing to Air France-KLM's proposal to buy Alitalia.
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MILAN - Alitalia headed into eleventh-hour talks with unions today, a putative deadline for clinching plans to avoid bankruptcy, after winning a key deal with pilots.