Alitalia chief executive Giancarlo Cimoli has warned unions that the financially struggling carrier has little room for manoeuvre over its restructuring plans, which include job losses and outsourcing. Falling yields over the summer have made Alitalia's position even tougher as it seeks agreement with labour on restructuring designed to seal a €400 million ($493 million) bridging loan by the end of September.
Source: Airline Business