Alitalia reaches deal with unions on layoffs
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ROME Clearing the way for a restructuring intended to save Alitalia, unions agreed on Wednesday to unemployment packages for about 3,700 employees that will be largely paid for by the Italian government.
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MILAN A day after getting its pilots to agree to pay cuts and longer hours, Alitalia took another step on Wednesday toward avoiding bankruptcy as the Italian state-run airline neared an accord with its flight attendants and ground workers.
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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.
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Alitalia SpA, Italy&#39;s largest airline, reached an agreement with its flight attendants&#39; unions to cut 900 jobs, qualifying the company for a government bailout that will keep it in business for another six months.
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Struggling Italian flagship carrier Alitalia held late-night talks Tuesday with the government and labor 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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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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Italian airline Alitalia said Wednesday it had reached an agreement with trade unions representing cabin crew, who disrupted flights at the end of May with a protest over working conditions.
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Alitalia management and flight attendants struck a crucial deal on job cuts that would allow the struggling airline to keep flying, but management still needs to win government support for its overall strategy.
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MILAN Alitalia&#39;s board and representatives of most of its labor unions reached an agreement Friday to split the Italian state-controlled carrier into two companies as part of a four-year turnaround plan.
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Shares in Italian carrier Alitalia surge as it finalises a deal with unions which will keep it in the air.
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Alitalia management and flight attendants have agreed a crucial deal early on job cuts that would allow the struggling airline to keep flying, union sources were quoted by ANSA news agency as saying.
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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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Italy&#39;s troubled Alitalia airline has reached a deal with eight of nine unions to split the state-controlled firm in two in a plan to stave off bankruptcy.
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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.
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Alitalia headed into eleventh-hour talks with unions to clinch plans to avoid bankruptcy, after winning a key deal with pilots.
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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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ROME : The management of Alitalia was due to present a rescue plan to trades unions which hold the key to whether the state-controlled airline receives a government-guaranteed loan to avoid bankruptcy.