ROME (AP) — Italy’s former nationwide service Alitalia has began procedures for the collective dismissal of its remaining 2,059 staff, its directors informed unions.
The transfer comes because the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with German Lufthansa.
In accordance with Italian media reviews, merger talks stalled after the Italian Financial system Ministry refused Lufthansa’s solutions to regulate the worth for a 41% stake in ITA Airways.
Lufthansa is arguing that the government-owned Italian airline would lose worth resulting from its poor efficiency within the fourth quarter of the 12 months.
Lufthansa mentioned it could adhere to the 2023 phrases of the contract for its funding in ITA, including it “had signed the mandatory treatment bundle by the agreed deadline.”
In the meantime, Alitalia, which is below the particular administration and shifting towards ultimate liquidation, plans to fireplace its remaining staff till the top of the 12 months.
The ultimate cuts embody greater than 1,100 flight attendants and 82 pilots and turn out to be efficient in January, based on a letter despatched this previous week by the administration to the airline unions.
