Lufthansa CE calls for significant Alitalia cuts: Letter
Lufthansa sees a need for significant restructuring at Alitalia before the group would be prepared to buy the airline, Lufthansa's CE said in a letter seen by Reuters, tempering expectations for a quick deal. "While recognising the valuable measures that have been undertaken to date... we strongly believe that there remains a considerable amount of work to be achieved before Lufthansa would be in the position to enter comprehensively into the next phase of the process," Carsten Spohr said in the letter to Italian Industry minister Carlo Calenda Thursday. He said a restructured "NewAlitalia" would be smaller in terms of both staff and its fleet. Alitalia has around 9,200 full-time staff, plus a further 1,600 in temporary layoff. Any permanent job cuts would be particularly sensitive ahead of a national election in March. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2018-01-12/star/lufthansa-ce-calls-for-significant-alitalia-cuts-letter
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Lufthansa CE calls for significant Alitalia cuts: Letter
Lufthansa sees a need for significant restructuring at Alitalia before the group would be prepared to buy the airline, Lufthansa's CE said in a letter seen by Reuters, tempering expectations for a quick deal. "While recognising the valuable measures that have been undertaken to date... we strongly believe that there remains a considerable amount of work to be achieved before Lufthansa would be in the position to enter comprehensively into the next phase of the process," Carsten Spohr said in the letter to Italian Industry minister Carlo Calenda Thursday. He said a restructured "NewAlitalia" would be smaller in terms of both staff and its fleet. Alitalia has around 9,200 full-time staff, plus a further 1,600 in temporary layoff. Any permanent job cuts would be particularly sensitive ahead of a national election in March. <br/>
