Alitalia risks collapse after staff spurn restructuring plan


Going down: Passengers boarding an Alitalia-Etihad plane on the tarma at Brindisi airport in southern Italy. Alitalia workers have rejected a restructuring deal from the company’s management and unions to save the ailing carrier. – AFP

ROME: Alitalia SpA workers voted against job reductions and pay cuts touted as the last chance for the cash-strapped Italian flag-carrier to avoid being placed under administration.

Staff at the airline, which employs 12,500 people, rejected the steps brokered by management and labour leaders as part of a 2 billion-euro (US$2.2bil) refinancing package, according to the results of a ballot released by Uiltrasporti. About 70% of voters opposed the deal, the USB union said.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Alitalia , airline

Next In Business News

PTT Synergy unit lands RM83.26mil contract in Klang
Wall St futures slip as rising oil, Treasury yields compound AI anxiety
UUE Holdings forms JV for power grid infrastructure business
YTL Power and Ganda Power secure four additional Siemens Energy gas turbine units
Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns
UK jobs market stays soft before BoE rate call
NCER targets RM470bil investment realisation by 2030
Tencent Cloud, U Mobile in pact to advance 5G, AI solutions for enterprises
Crest Builder unit bags RM56.88mil electrical works from Pesona Metro
Malaysia's climate adaptation needs up to US$1.1 trillion by 2050 - SC

Others Also Read