Mercoledì, 17 Ottobre 2018
ROME

Alitalia announces 690 layoffs to come

English
© ANSA

(ANSA) - Rome, October 16 - Italian flag carrier Alitalia
announced on Tuesday that 690 employees will be lain off in
restructuring plans for the debt-laden airlines.
The industrial plan will provide a savings of approximately
30 million euros, Alitalia said.
Airline trade unions said that layoffs include 300 flight
attendants, 300 ground staff and 90 maintenance workers.
Union meetings with airline management are slated to
continue throughout the day Tuesday.
Last July following the company's first-half results board
meeting, the company's chief executive Andrea Ragnetti said,
"The worst is over...but many sacrifices are still necessary and
we have to remain united and determined. 2013 should
be the year when Alitalia returns to operating profitability
after more than 20 years of losses".
Alitalia, previously owned by the Italian government, was
sold to a consortium of private investors, including the
Benetton family, Air France, Italian bank Intesa Sanpaolo and
Piaggio chairman Roberto Colaninno (who also serves as chairman
of parent company CAI) in 2008.
As part of the sale, the buyers also purchased independent
airline Air One, and merged it into the "new" Alitalia.
Under state ownership Alitalia had racked up billions of
euros in losses, despite various, failed restructuring efforts
and millions in subsidies.
Repeated attempts to find private owners for the airline
had failed.

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