To avoid a loss of EUR 200 million Alitalia’ Boards of Directors decided a cut of EUR 270 million for new investments. In particular new planes will be not bought, just rent. The budget will be at the center of the attention in a meeting between Government, trade unions and carrier at Chigi Palace. Alitalia’s management decided to "Armour" the 2005 budget until the end of February and to approve the...