Unions reject Alitalia rescue plan
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LONDON, England -- Italian trade unions have rejected a rescue plan put forward by Alitalia management, intended to turn the airline around with job cuts and a restructured corporate framework.
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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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Alitalia&#39;s board approved a four-year rescue plan Monday that was needed to unlock a 400 million-euro emergency loan and prevent bankruptcy, after unions agreed to thousands of job cuts.
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Alitalia says it will shed 5,000 jobs and spin off non-core operations under a sweeping restructuring plan unveiled to union leaders yesterday.
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United Airlines' mechanics union announced Friday that its members rejected a tentative contract agreement, dealing the carrier a setback in its efforts to cut labor costs without alienating its workers.
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ROME  - Struggling Italian flagship carrier Alitalia held late-night talks Tuesday with the country's government and labour unions on how to help employees whose jobs will be slashed under a plan to save the airline, news reports said.
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Unions at Alitalia airlines are harshly criticizing plans to slash 5,000 jobs at the ailing Italian company. One of Alitalia&#39;s smaller unions said it would stage a hunger strike to protest the cuts.
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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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The troubled Italian airline Alitalia is to reveal a rescue plan to avoid bankruptcy to unions. Ahead of the announcement expected on Monday afternoon, Italian media reported that the proposals include cutting the workforce by a quarter.
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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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MILAN Alitalia&#39;s management and unions representing its cabin crews edged toward an accord Friday night on job cuts and working conditions in an effort to save the national carrier from collapse.
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Alitalia appeared to clinch its final union agreement on Saturday over job and wage cuts, as cabin crews agreed to a painful restructuring needed to prevent the airline&#39;s collapse, a union source said.
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LONDON, September 24  - Italian airline company, Alitalia (ALI.FSE), has reached an agreement with eight trade unions to support the plans to split the company into two separate entities, while the ninth and last union is expected to
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Near-bankrupt Italian flagship carrier Alitalia won approval from flight attendants Saturday for a job-cutting plan &#151; the last in a series of labor deals crucial to saving the airline from collapse.
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Near-bankrupt Alitalia held crucial contract negotiations with unions representing flight attendants and ground staff Wednesday in a last-minute attempt to save the state-controlled airline from collapse.
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Unions representing the pilots, flight attendants and ground staff of the troubled Italian airline Alitalia have called a four-hour strike for Monday.
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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 &#151; including expected layoffs &#151; aimed at averting collapse.