Alitalia reaches agreement with union
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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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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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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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The Italian carrier reaches agreement on cutting cabin crews, the final part of a rescue plan vital for survival.
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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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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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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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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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Alitalia scrambled for an accord with cabin crews on Friday over job cuts and longer hours needed to save the airline from collapse as negotiations
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Crisis-hit Italian airline Alitalia agrees a deal with its ground staff, paving the way for 2,500 job cuts and a reduction in staff benefits.
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Pilots at Alitalia agreed Tuesday to nearly double their annual flying hours and accept lower pay &#151; the first breakthrough in talks aimed at keeping the near-bankrupt Italian carrier in business.
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Postal union leaders agree a deal aimed at solving a bitter dispute over pay and conditions.
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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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Alitalia management and unions representing cabin crews agreed to parts of a deal that, if finalised, could allow approval of an overall rescue plan, union sources said.
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Alitalia meets unions today to reveal the number of job cuts it wants in a restructuring to avert collapse. Approval of the plan is crucial to the company&#39;s survival as it would allow Alitalia to access a
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Alitalia said that the government and trade unions had set a deadline of October 5 to reach agreement on social measures by the state to help staff who will lose their jobs in the carrier's relaunch program.
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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.