EU transport chief hails Alitalia accord
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EU transport and energy commissioner Loyola de Palacio on Sunday 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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The head of the European Union's executive arm, Romano Prodi, said Vietnam was making solid progress in bilateral talks aimed at clearing the way to its entry into the World Trade Organisation.
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Air France-KLM chairman Jean-Cyril Spinetta said he had held very "useful and positive" talks here Wednesday on his company's planned takeover of Alitalia, the struggling Italian airline.
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ROMA - &#39;&#39;Il successo del risanamento e&#39; condizione per il rilancio della compagnia&#39;&#39;. Queste le parole dell&#39;amministratore delegato di Alitalia Giancarlo Cimoli, durante l&#39;assemblea ordinaria degli azionisti della compagnia.
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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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MILAN, Nov. 23 Â Air France-KLM, EuropeÂs biggest airline, said today that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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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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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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MILAN Giancarlo Cimoli, chief executive of Alitalia, met Monday with unions representing its employees to find an accord on layoffs and restructuring that would save the Italian state-run airline.
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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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After winning union backing for job cuts, Alitalia gave formal approval Monday to a four-year business plan aimed at saving the near-bankrupt Italian carrier from collapse.
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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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An alliance between Air France-KLM and Italian airline Alitalia is &quot;desirable,&quot; French President Jacques Chirac has said after meeting with Italian Prime Minister Romano Prodi.
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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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Alitalia's shares soared Tuesday as hopes increased that the struggling carrier and labor unions might clinch a deal on a relaunch plan aimed at saving the company before a deadline Wednesday.
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U.S. officials and airlines welcomed  a draft U.S.-European Union agreement on Friday to liberalize  transatlantic aviation that continues to prohibit overseas  control of domestic carriers.
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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.