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Alitalia: business plan affected by increasing oil price

Rome, Italy - Additional about EUR 300-400m costs will have to be afforded by 2008 and unions warned about the fact that employees must not be subjected to other hardships

Alitalia Board must come into grips with the increasing fuel cost as being to date forced to perform changes to the business plan as aimed to contain an additional expense worth about EUR 300-400m by 2008. Oil price could be more than USD 70 per barrel, according to the carrier’s experts, so that containment measures against the negative effects are necessary and based on saving, purchase modifications a...

AVIONEWS - World Aeronautical Press Agency - 125797

AVIONEWS - World Aeronautical Press Agency
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