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Airplanes and carriers. Alitalia Board gives green light to next phase of business plan

Rome, Italy - Shareholders demand deep cost reductions across the business

Alitalia’s board of directors today approved the second phase of the airline’s business plan. Short-term funding was agreed at a separate shareholders’ meeting to allow the airline’s management team to begin negotiations in the next 60 days with key stakeholders -lessors, suppliers, distribution companies and trade unions– to seek their commitments to deep cost reduction measures to secure long-term...

fra/pec - 1200955

AVIONEWS - World Aeronautical Press Agency