Unions agree to split Alitalia
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Alitalia has reached an agreement with unions to split the troubled airline into two, clearing the way for partial privatization. Eight of the Italian carrier&#39;s nine unions agreed Friday
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ROME  - Alitalia said Thursday it had reached an agreement with unions representing its ground crew staff to cut 2,500 jobs, moving a step closer to approving a crucial restructuring plan.
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Unions and executives at Italy's Alitalia reach a deal with the government on layoffs, opening the way for a wholesale restructuring.
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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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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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Alitalia has reached a deal with most of its unions to split the state-controlled airline in two, hoping the plan will secure its immediate future and open the way for partial privatization.
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ROME : Alitalia management and flight attendants reached agreement on a crucial deal early Saturday on job cuts that would allow the struggling airline to keep flying, union sources quoted by ANSA news agency said.
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Alitalia signed a deal with eight of nine unions Friday to split the loss-making Italian airline in two - part of the company&#39;s plan to stave off bankruptcy.
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With union backing for job cuts, Alitalia&#39;s board has approved a four-year business plan to save the near-bankrupt Italian airline from collapse.
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After winning union backing for job cuts, Alitalia gave formal approval Monday to a four-year business plan aimed at saving the near-bankrupt Italian carrier from collapse.
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Alitalia, the Italian government-run airline and a partner with Delta and Air France in the SkyTeam alliance, told its unions on Monday that it planned to lay off about 5,000
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Alitalia, Italy&#39;s largest airline, said it plans to cut 5,000 jobs, or about a quarter of its regular work force, and split into two companies to save $1.
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Alitalia said Thursday it has reached an agreement with unions representing its ground crew staff to cut 2,500 jobs and freeze pay increases, moving a step closer to approving a crucial restructuring plan.
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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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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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MILAN A day after Alitalia said it would cut 5,000 jobs, a quarter of its work force, unions regrouped, vowing Tuesday to limit the layoffs through methods that ranged from continuing negotiations with the management of the state-run airline to hunger
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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.