Community | September 14, 2008 | 0 comments

Alitalia crisis meetings restart

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Emergency talks to prevent the collapse of Alitalia have restarted in Rome after the airline warned it may have to start cancelling flights from Monday.

With the airline saying it is running out of money to buy aviation fuel, the government needs to persuade unions to back a deal that involves job cuts.

The only offer on the table is from Italian consortium CAI, which only wants Alitalia's profitable operations.

Unions have so far rejected this deal as it would mean major job losses.

Yet with the only alternative now increasingly looking like Alitalia's total collapse and the loss of all 20,000 jobs, the unions now appear more willing to back down.

(continued at link)
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