google.com, pub-6370463716499017, DIRECT, f08c47fec0942fa0 AlfaBloggers Best Bloggers Team Of Asia : Alitalia Airlines aims to cut 700 Jobs

Wednesday 17 October 2012

Alitalia Airlines aims to cut 700 Jobs




Management unveiled plans to cut 690 posts, with 300 flight assistant, 300 ground staff and 90 maintenance staff posts to be eliminated, Italian media reported after the meeting.

Unions unanimously rejected the proposal, said the head of the Fit Cisl union, Giovanni Luciano.

He added that management and unions agreed to open talks about how they could avoid any job cuts.

Luciano said Alitalia's management is still hopeful for a turnaround in the company's fortunes next year.

The company's losses deepened in the first six months of 2012 to 201 million euros due to higher fuel prices and the European debt crisis but estimated that the worst was now over.

Alitalia was on the verge of bankruptcy in 2008 and was taken over by a group of leading Italian industrialists. It was merged with Italy's second airline, Air One, and Air France-KLM took a 25-percent stake in the new firm.










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