Italy gov't presses on with Alitalia bid, day after Air One pullout
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The Italian government said Wednesday that it was pressing on with its troubled plans to privatize Alitalia, with one potential bidder still in the running, but warned it may change its plans as it continues to ... via PR-inside.com
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Government, trade union and Alitalia officials were locked in talks in Rome on the state's social measures to help staff set to lose their jobs in the Italian carrier's planned relaunch.
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Air France-KLM's bid for Italy's  state-controlled airline, Alitalia, has triggered a frenzy of  holiday lobbying by powerful opponents who want Rome to reject  an offer they say harms national interests.
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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.
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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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The Italian government gives its backing to Air France-KLM's bid to buy a chunk of national airline Alitalia.
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Italy&#39;s government renewed its threat to let Alitalia die unless unions agree to a cost-cutting deal by September 15, saying the days of bailing out the loss-making airline were over.
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The chairman of Italian airline Alitalia  raises new doubts over whether the carrier can survive without a buyer.
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State-owned Alitalia faces the threat of administration after Italy says the auction for its stake in the national carrier had closed.
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EU competition watchdog Mario Monti is seeking more information from Italian authorities about their demand for British Airways to stop undercutting ailing flag carrier Alitalia, a spokeswoman said.
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Air France-KLM's bid for Italy's state-controlled airline, Alitalia, has triggered a frenzy of holiday lobbying by powerful opponents who want Rome to reject an offer they say harms national interests.
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"These are the problems that require a national operator to confront"  Officials in northern Italy are uniting in opposition to Air France-KLM's bid for ailing Alitalia SpA, which would make Rome the nation's only hub at the expense of Milan.The Air France plan _ which the Alitalia board tipped Friday as its preferred bidder over Italian airline Air One SpA _ would do away with Alitalia's two-hub system, one at Rome's Leonardo da Vinci airport and the other at Milan's Malpensa.Having a hub in Milan has been fiercely defended by northern politicians, but has been criticized as too expensive and impractical. Alitalia's board, under chairman Maurizio Prato, has already signaled its intention to cut traffic to Malpensa. Read more
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Alitalia  shares fell more than 3 percent on Thursday, the first day of trading since the loss-making airline's board backed Air France-KLM's  bid ahead of a final decision by the Italian government.
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A decision on which bidder will secure troubled Italian airline Alitalia is put off until Tuesday.
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ROME : The Italian airline Alitalia warned that it was headed for bankruptcy within a month, as the government appealed to unions and the company management to strike a deal to save the struggling carrier.
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Italian airline Alitalia signed an agreement Wednesday with the government and labor unions over layoffs at the carrier, the final hurdle in long negotiations for ensuring the company's immediate survival.
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BRUSSELS A four-year plan to rescue Alitalia will get the approval of the European Commission, as long as it does not bank on any new money from the Italian government, the commission said Tuesday.