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| Version 2 | Version 3 |
|---|---|
| Progress in move to save Alitalia | Progress in move to save Alitalia |
| (10 minutes later) | |
| Alitalia will cut 3,000 jobs under a new agreement reached with Italy's four main union organisations, Labour Minister Maurizio Sacconi has said. | Alitalia will cut 3,000 jobs under a new agreement reached with Italy's four main union organisations, Labour Minister Maurizio Sacconi has said. |
| "The job cuts... they're around 3,000," Mr Sacconi told an Italian television programme on Monday. | "The job cuts... they're around 3,000," Mr Sacconi told an Italian television programme on Monday. |
| The four unions have signed a deal with CAI, a consortium prepared to invest in a new national Italian airline, but five other unions oppose the deal. | The four unions have signed a deal with CAI, a consortium prepared to invest in a new national Italian airline, but five other unions oppose the deal. |
| Those opposed to the deal include pilots and cabin crews. | Those opposed to the deal include pilots and cabin crews. |
| 'Completely unacceptable' | 'Completely unacceptable' |
| The new Alitalia will employ about 12,500 people including 1,500 pilots, 3,300 cabin staff and 7,650 technicians, workers and managerial staff, the Ansa news agency said. | The new Alitalia will employ about 12,500 people including 1,500 pilots, 3,300 cabin staff and 7,650 technicians, workers and managerial staff, the Ansa news agency said. |
| Massimo Notaro, the head of one of Italy's two main pilot unions, UP, described Sunday's deal as "completely unacceptable". | Massimo Notaro, the head of one of Italy's two main pilot unions, UP, described Sunday's deal as "completely unacceptable". |
| Five unions - SDL, ANPAC, UP, ANPAV and Avia - rejected the deal as "useless and provocative", while the four signatories - CGIL, CISL, UIL and UGL - were talking to the would-be buyers. | Five unions - SDL, ANPAC, UP, ANPAV and Avia - rejected the deal as "useless and provocative", while the four signatories - CGIL, CISL, UIL and UGL - were talking to the would-be buyers. |
| Last-ditch talks had been taking place overnight in Rome on a rescue package for Alitalia, which is operating under a bankruptcy commissioner. | Last-ditch talks had been taking place overnight in Rome on a rescue package for Alitalia, which is operating under a bankruptcy commissioner. |
| Alitalia faces liquidation if a deal is not reached. The airline says it is running out of money to buy aviation fuel. | Alitalia faces liquidation if a deal is not reached. The airline says it is running out of money to buy aviation fuel. |
| Merger plans | Merger plans |
| Under the rescue proposal the Italian consortium has put forward a 1bn euro ($1.4bn; £800m) offer for the airline. | Under the rescue proposal the Italian consortium has put forward a 1bn euro ($1.4bn; £800m) offer for the airline. |
| Alitalia would merge with Air One, the country's second largest airline, and its 1.2bn euro debt would be absorbed by a second firm, which would then be liquidated. | Alitalia would merge with Air One, the country's second largest airline, and its 1.2bn euro debt would be absorbed by a second firm, which would then be liquidated. |
| A further meeting is planned around midday at the labour ministry to continue the negotiations, with only the four confederations invited. | A further meeting is planned around midday at the labour ministry to continue the negotiations, with only the four confederations invited. |
| Italy's industry minister Claudio Scajola said: "There are only a few hours left, I hope we can fine tune." Prime Minister Silvio Berlusconi has pledged to do all he can to save Alitalia. The government owns 49.9% in Alitalia. | |
| In April, plans for the airline to be bought by Air France-KLM collapsed. | In April, plans for the airline to be bought by Air France-KLM collapsed. |