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The industrial plan approved

 
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BerichtGeplaatst: 01-08-2018 04:02:45    Onderwerp: The industrial plan approved Reageren met citaat

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ROME, April 27 (Xinhua) -- Lufthansa said Thursday it had no intention of buying Italian air carrier Alitalia, making Alitalia likely to be placed under receivership after over 60 percent of employees voted against the management's latest turnaround plan and government warned it would not step in to nationalize the airline.


"We have a clear intention of not acquiring Alitalia," said Lufthansa's financial director, Ulrik Svensson.


According to Ansa news agency, Lufthansa had been one of the options floated after Prime Minister Paolo Gentiloni rejected the idea of nationalizing the chronically loss-making carrier.


The government said it would seek a 300 to 400-million-euro (327 to 436 million U.S. dollars) bridging loan Dominique Wilkins Jersey , with the EU's permission, to keep the airline flying while it looks for possible new investors.


The industrial plan approved on April 14 by management and unions following government mediation called for 980 redundancies, an 8-percent wage cut, and shortened holidays from 120 to 108 days off per year. These would have accounted for one third of cuts in operating costs.


"It is the best possible agreement we could bring home under the circumstances. Workers are being asked to make sacrifices, but in exchange for recapitalization and investments for the company," CISL union secretary-general Annamaria Furlan told local Radio24.


"Alitalia cannot shut down Dikembe Mutombo Jersey ," she warned.


A total of 10,173 workers took part in the referendum vote on the industrial plan. But in spite of warnings from union leaders and government that this was a last-ditch plan and that the airline would have no future without it, 6,818 of employees voted against it, the transportation local of Italy's largest trade union confederation, CGIL DeAndre Bembry Jersey , said on Monday.


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