Alitalia closes in on new business plan
Alitalia says it finally expects to have agreed a new business plan by the end of February. The airline, which reportedly again faces serious financial problems, was instructed by the Italian govt in early January to submit a detailed business plan in “the next few weeks.” This has now been compiled, but Feb 15 the company said it was being reviewed by German consultancy firm Roland Berger. The Alitalia board agreed that a “final, adjusted plan” would be presented to it by the end of the month. In January, Alitalia said it planned to start talks with key stakeholders to get their agreement to hefty cost-cutting measures that would allow the airline to secure continuing, long-term support from its major shareholders and financial institutions. Reports have said the trade unions are restive at being asked for concessions. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-20/sky/alitalia-closes-in-on-new-business-plan
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Alitalia closes in on new business plan
Alitalia says it finally expects to have agreed a new business plan by the end of February. The airline, which reportedly again faces serious financial problems, was instructed by the Italian govt in early January to submit a detailed business plan in “the next few weeks.” This has now been compiled, but Feb 15 the company said it was being reviewed by German consultancy firm Roland Berger. The Alitalia board agreed that a “final, adjusted plan” would be presented to it by the end of the month. In January, Alitalia said it planned to start talks with key stakeholders to get their agreement to hefty cost-cutting measures that would allow the airline to secure continuing, long-term support from its major shareholders and financial institutions. Reports have said the trade unions are restive at being asked for concessions. <br/>
