Alitalia will lay off over 2,000 remaining employees as liquidation nears
Author of the article:
Article content
ROME — Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions.
The move comes as the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with German Lufthansa.
Recommended Videos
tap here to see other videos from our team.
Alitalia will lay off over 2,000 remaining employees as liquidation nears Back to video
tap here to see other videos from our team.
According to Italian media reports, merger talks stalled after the Italian Economy Ministry refused Lufthansa’s suggestions to adjust the price for a 41% stake in ITA Airways.
Lufthansa is arguing that the government-owned Italian airline would lose value due to its poor performance in the fourth quarter of the year.
Lufthansa said it would adhere to the 2023 terms of the contract for its investment in ITA, adding it “had signed the necessary remedy package by the agreed deadline.”
Meanwhile, Alitalia, which is under the special administration and moving toward final liquidation, plans to fire its remaining employees until the end of the year.
The final cuts include more than 1,100 flight attendants and 82 pilots and become effective in January, according to a letter sent this past week by the administration to the airline unions.
Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.