News tagged with “alitalia”. Found:
82 tagged news reports.
Your Search Returned 82 tagged news reports
EU approves Alitalia rescue, blocks state loan
Brussels :: Belgium | about 1 year ago
Credibility
The Italian government-backed CAI investor group's €375 million ($473.4 million) takeover of Alitalia's profitable assets is contingent on the bailout winning EU approval. The Commission determined a €300 million loan to the airline in April was illegal...
Tags: Alitalia, EU Commission, EU Transport, European Union, European Commission, investor group, eu approved, wildcat strike, cai investor, transport commissioner
Labor action disrupts Alitalia
Rome :: Italy | about 1 year ago
Credibility At least 17 Alitalia flights were cancelled on Monday due to labor action by staff at the national carrier while a split appeared between union leaders and the rank and file on proposed strike action. On Sunday, five unions representing the majority of...
Tags: Alitalia, Rome-Fiumicino, alitalia flights, fiumicino airport, Italy
Alitalia says deal to salvage bankrupt Italian airline worth 1 billion euros
Rome :: Italy | about 1 year ago
Credibility A group of investors seeking to buy parts of bankrupt airline Alitalia would take on debts and make cash payments for a total of euro1 billion euros ($1.29 billion) in return for taking ownership, the carrier said. CAI, the consortium of Italian investors...
Alitalia gets last-minute rescue
Rome :: Italy | about 1 year ago
Credibility Talks had earlier broken down because only four out of Alitalia's nine unions had agreed to the Cai's terms. The Cai had set a Friday night deadline for a deal to be reached over securing Alitalia's future...The investors, the Compagnia Aerea Italiana...
Tags: Alitalia, Compagnia Aerea Italiana
Alitalia investors walk out
Rome :: Italy | about 1 year ago
Credibility The walkout came just a day before the investors' group has to present a binding offer for the bankrupt Italian airline. According to unions, the investors' group abandoned the late-night meeting after the labor confederations demanded time to study contract...
Tags: Alitalia
EC to back Alitalia takeover, reject state loan - report
Rome :: Italy | about 1 year ago
Credibility The commission is expected to approve in mid-November the proposal submitted by the CAI consortium but impose some conditions, the newspaper said, citing sources. Among the conditions are the creation of an independent trustee who will be chosen in consultation...
Tags: Alitalia
Alitalia rescue plan cleared for takeoff (AFP)
Rome :: Italy | about 1 year ago
Credibility Alitalia flight attendants reluctantly signed on Monday to a rescue plan for the Italian flagship, pulling it back from the brink of bankruptcy and shifting the focus to the search for a foreign partner. The plan's reluctant approval by the last two of...
Tags: Alitalia, flight attendants
Alitalia rescue shifts focus to finding partners
Rome :: Italy | about 1 year ago
Credibility Alitalia's prospective owners, with key unions finally backing their rescue plan, say they are shifting their focus to forming a tie-up with either Air France-KLM or Lufthansa and launching the new airline by November 1. Business consortium CAI struck...
Tags: Alitalia, rescue plans, CAI, Italy, alitalia rescue
Rescue deal for Alitalia takes shape
Milan :: Italy | about 1 year ago
Credibility A reborn Alitalia could be in place by the start of November after a deal on its rescue was reached with the airline's main labor unions over the weekend, the head of one of the companies that are buying Alitalia's core assets told Il Sole 24 Ore newspaper.
Tags: Alitalia, Silvio Berlusconi
Alitalia eyes relaunch in weeks after union deal
Rome :: Italy | about 1 year ago
Credibility The breakthrough deal with pilots followed overnight, government-brokered talks and was a major victory for Prime Minister Silvio Berlusconi, who was elected in April promising to save Alitalia from buckling under massive debt and losses. Remaining hold-out...
Tags: Alitalia, Italy, Rivals Lufthansa
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