Alitalia pursues rescue talks with Italian unions
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MILAN : Alitalia headed into eleventh-hour talks with unions to clinch plans to avoid bankruptcy, after winning a key deal with pilots.
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MANAGEMENT at the Italian national airline Alitalia put forward a rescue plan today to trade unions that foresees slashing 5000 jobs and splitting the struggling carrier into two in order to keep it aloft.
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Italian airline Alitalia has reached an agreement with its cabin crews, completing negotiations aimed at avoiding the threat of collapse.
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Management at the Italian state airline Alitalia was to put forward a rescue plan to trade unions, whose members hold the key to whether the struggling carrier receives a government-guaranteed loan to avoid bankruptcy.
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French and Italian leaders are to discuss the future of struggling airline Alitalia amid talk of an Air France merger.
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After winning union backing for job cuts, Alitalia was holding a board of directors meeting Monday to approve a restructuring plan aimed at saving the near-bankrupt Italian carrier from collapse.
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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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ROME : The management of Alitalia was due to present a rescue plan to trades unions which hold the key to whether the state-controlled airline receives a government-guaranteed loan to avoid bankruptcy.
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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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WITH the future of Italy&#39;s flagship carrier at stake, Alitalia is preparing to unveil a rescue plan at a crucial meeting with unions, revealing the number of planned job cuts aimed at averting collapse.
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MILAN Alitalia took a big step Tuesday toward resolving labor disputes that have threatened to push the Italian airline into bankruptcy, agreeing to new contracts with 2,300 pilots.
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The government is considering extending unemployment benefits to the airline sector to help negotiations between the struggling flagship carrier Alitalia and labor unions, a top official said Thursday.
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Union leaders slammed Alitalia's plans to cut 5,000 jobs as part of restructuring efforts aimed at averting collapse, but said Tuesday they will keep negotiating and hold off on any strike action.
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The future of Alitalia is at stake as the Italian flagship carrier meets with unions Monday to reveal the number of planned job cuts as part of a restructuring plan aimed at averting collapse.
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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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Italian airline Alitalia tells unions that 5,000 would have to go under a proposed rescue plan for the state carrier.
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Talks between Alitalia and the unions were continuing on Tuesday as hopes rose of staving off bankruptcy at Italy's troubled national airline.