Alitalia: the woes never end

So Alitalia has lost yet another chairman and its would-be saviour, Air France-KLM, has walked away in exasperation. I’ve got to say this has been an exasperating story to cover as a journalist, so I can only imagine the frustration that must have been felt in that negotiating room last night.

The Financial Times quotes outgoing chairman Maurizio Prato as saying to a union official: “This airline is cursed. Only an exorcist can save it.” Maybe he’s right – with no other bids on the table, bankruptcy is seeming like a very real option.

As sad and painful as job cuts are, by refusing to accept a business plan that would have involved 2,100 job losses Alitalia’s unions may have made a decision that will leave the entire workforce without an airline to work for at all.

Or maybe I’m wrong. With the way this story keeps rumbling on and on, I wouldn’t be entirely surprised if Air One or someone completely unexpected came out of the woodwork to try and breathe some life into the dying carrier. Who knows? I’m certainly not making any firm bets.

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2 Responses to Alitalia: the woes never end

  1. John Price 4 April, 2008 at 2:19 pm #

    The Unions must be hoping that Berlusconi will be elected in the upcoming general election, and will find them an “all-Italian” solution – with No Job Losses … “Hope springs eternal …” said a wise man …

  2. Kerry Ezard 4 April, 2008 at 2:27 pm #

    If that’s the case, John, you’ve got to admire the unions for their unflinching optimism! No profits for 10 years and leaking €1 million a day, and they still think it can be saved? Ooh look, there goes a flying pig…

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