Air Transport World

Alitalia future in the air.(NewsBriefs)(Brief article)

Continued refusal of Alitalia's main unions to accept significant job cuts and salary restructurings at press time had imperiled a rescue effort by Compagnia Aerea Italiana, a group of Italian investors including Air One that had the possible backing of AF KLM.

CAI withdrew a "preliminary offer" to buy a large part of Alitalia owing to union intransigence, leaving the failing carrier close to shutdown for lack of funds. …

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