Tag Archives: EIRNB

Alitalia planned job cuts unlikely to persuade Air France and KLM to put in more cash

Alitalia (2nd) (Rome) is facing a major decision today at its board meeting. According to this report by Reuters, Alitalia’s CEO Gabriele del Torchio, a turnaround specialist, is expected to unveil his plan. The drastic measures may include up to 2,000 job cuts and salary cuts.

However the cuts are unlikely to persuade major shareholder and board member Air France-KLM to put any more capital into the failing flag carrier. Alitalia needs a $400 million infusion to keep flying. The group has already zeroed-out its investment.

Read the full report: CLICK HERE

Copyright Photo: Dave Glendinning/AirlinersGallery.com. Alitalia’s Embraer ERJ 190-100LR EI-RNB (msn 19000479) taxies at London (Heathrow).

Alitalia: AG Slide Show

 

Alitalia to resume Rome-Zurich service on October 29

Alitalia (2nd) is planning to resume Rome (Fiumicino)-Zurich service on October 29 per Airline Route.

Copyright Photo: Lucio Alfieri. Embraer ERJ 190-100LR EI-RNB prepares to taxi from the gate at Bologna.

Alitalia (2nd):