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| Version 2 | Version 3 |
|---|---|
| Consortium withdraws Alitalia bid | Consortium withdraws Alitalia bid |
| (10 minutes later) | |
| The business consortium proposing to rescue Italian airline Alitalia has withdrawn its offer in the face of union opposition. | The business consortium proposing to rescue Italian airline Alitalia has withdrawn its offer in the face of union opposition. |
| The CAI consortium had given the nine unions until 1400GMT to accept the deal, but not all of the unions were in agreement. | The CAI consortium had given the nine unions until 1400GMT to accept the deal, but not all of the unions were in agreement. |
| Five of the unions had said they were opposed to the CAI offer because it proposed 3,000 job cuts. | Five of the unions had said they were opposed to the CAI offer because it proposed 3,000 job cuts. |
| There are now fears Alitalia could go into liquidation. | |
| It has already warned that it is running out of funds to buy aviation fuel. | It has already warned that it is running out of funds to buy aviation fuel. |