By Stephen Brown ROME (Reuters) - Alitalia's special administrator will make a last-ditch attempt to sell Italy's loss-making national airline on Monday by public tender before calling in the liquidators after a failed rescue bid. Alitalia faces liquidation in a matter of days...
By Stephen Brown ROME (Reuters UK) - Alitalia's special administrator will make a last-ditch attempt to sell Italy's loss-making national airline on Monday by public tender before calling in the liquidators after a failed rescue bid. Alitalia faces liquidation in a matter of days after a...
ROME (Reuters UK) - 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 an agreement early on Saturday with long-reluctant pilots...
By Stephen Brown and Alberto Sisto ROME (Reuters) - Alitalia AZPIa will lose its operating license if a special administrator making a last-ditch attempt to sell the airline does not present Italy's aviation authority with a convincing new offer or cost-cutting ...
ROME (Reuters) - 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 an agreement early on Saturday with long-reluctant pilots broadly...
DUBLIN/MILAN (Reuters UK) - Irish low-cost carrier Ryanair Holdings asked the European Commission to block changes to Italian bankruptcy law designed to facilitate the rescue of Alitalia, saying they ran foul of rules on state aid."The Italian government is writing off up to 2 billion euros (1.56 billion pounds) in...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Ireland based carrier Ryanair has announced that it has submitted a formal complaint to the EU Commission in regards to the bailout of the failed Italian national carrier, Alitalia. Ryanair said it had previously submitted a number of complaints against...
ROME AFP — British Airways is interested in forming a partnership with a revived Alitalia but does not want a stake in the Italian flagship, a leading Italian daily reported Thursday. "Investor group Italian Air Company's plan is satisfactory to us, it marks the start of a new...
ROME AFP — Air France-KLM chairman Jean-Cyril Spinetta confirmed on Wednesday that the European giant was interested in acquiring a minority stake in Italian carrier Alitalia, a source close to the dossier said. Spinetta "reiterated Air France-KLM's continuing strong interest in a minority participation" in the airline at...
ROME AFP — 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 the airline's...
ROME AFP — Italian Prime Minister Silvio Berlusconi reiterated Sunday his opposition to foreign investors taking a majority stake in national airline Alitalia, the ANSA news agency reported. Press reports say Air France-KLM and Lufthansa are preparing takeover bids for the troubled airline. Berlusconi promised during his election...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The government-appointed administrator for Italian airline Alitalia has said that he is "reasonably optimistic" that a takeover deal can still be agreed with the investment consortium CAI. The consortium withdrew its EUR1bn bid for Alitalia last week after a majority...
ROME AFP — The Italian government will allow talks with unions on a rescue plan for loss-making Alitalia to go on indefinitely, allowing a second deadline to expire on Friday, media reports said. "Negotiations continue and the hands of the clock have been stopped," an official was quoted...
ROME AFP — Alitalia's long-awaited rescue plan was poised for takeoff on Friday as the government struggled to get diehard pilots and flight attendants on board. A fifth union of the nine representing the near-bankrupt airline's workforce signed a government-brokered accord on Friday, its leader Massimo Muccioli said,...
ROME AFP — Alitalia pilots have agreed to a rescue package for the airline proposed by the Italian Air Company investor group, according to ANSA news agency report, boosting hope that Italy's national carrier may survive. The agreement which settles issues such as the pilots' work contract was...
ROME AFP — Alitalia pilots and flight attendants dug in their heels Friday as the Italian government sought unanimous backing for a billion-euro plan to rescue the loss-making airline. After allowing two deadlines to lapse for four diehard unions to come on board, no new time limit was...
ROME, AFP — A glimmer of hope was in the air for distressed Italian airline Alitalia early on Thursday when the government was to hold talks with trades unions. The last-minute talks were scheduled as a cost-cutting deadline ran out in the latest stage of efforts to rescue...
ROME AFP — Alitalia's hopes of staying afloat brightened on Thursday as Italy's leading union CGIL announced it had agreed to a rescue plan for the national flag carrier. The agreement has yet to win the backing of pilots, whose unions were meeting with the government late on...
ROME AFP — A rescue plan for Alitalia was on the cards Thursday as the Italian government gave hesitant pilot and flight attendants' unions more time to decide whether to climb on board. The near bankrupt airline's hopes of staying afloat brightened as the powerful CGIL union announced...
ROME AFP — Labor unions at Italian airline Alitalia have been called to a meeting Thursday with the government, an official statement said late Wednesday after the transport minister spoke of a "ray of hope" for the faltering carrier. "A ray of hope has reappeared," Altero Matteoli said....
Articles 2008-09-24
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