Is anyone bored of reading about the Alitalia “will it or won’t it be rescued” saga yet?
For those of you who aren’t, the latest appears to be that ANOTHER list of investors brave/stupid enough to be interested in taking over the ailing carrier is to be unveiled in September. I can hardly wait.
Italian Prime Minister Silvio Berlusconi is reported to have said this week that the latest rescue plan for Alitalia would involve 5,000 job cuts.
This represents more layoffs than those put forward in Air France-KLM’s takeover plan, which was shot down in flames by Alitalia’s unions earlier this year. Bet they’re kicking themselves now.