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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ROME: After winning union backing for job cuts, Alitalia has given formal approval to a four-year business plan aimed at saving the near-bankrupt Italian carrier from collapse.
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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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EU ministers are poised to agree a deal on aviation that would see aircraft emissions continue to rise.
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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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The EU and US take a large step towards a deal that will open the airline industry to greater competition.
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Italian airline company Alitalia unions and management on Saturday agreed on new contract terms for flight assistants, ending a tense round of negotiations involving the airline&#39;s workers.
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Italian airline Alitalia has agreed a deal with its ground staff, paving the way for some 2,500 job cuts and a reduction in staff benefits.
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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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Alitalia bosses and unions along with the government announced agreement on a deal to salvage the troubled Italian flag-carrier, overcoming the final hurdle by settling the issue of compensation for those who will lose their jobs in the process.
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Alitalia took a step on Tuesday toward resolving the labor disputes that have threatened to push it into bankruptcy, agreeing to new contracts with its 2,300 pilots.
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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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Near-bankrupt Italian flagship carrier Alitalia won approval from flight attendants Saturday for a job-cutting plan - the last in a series of labor deals crucial to saving the airline from 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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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.
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Trade unions at the Italian state airline Alitalia agreed to continue discussions with management on its rescue plan for the struggling carrier and are not for the moment considering a strike, a top union official said.
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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.