Independent journal on economy and transport policy
12:44 GMT+1
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the Board of Directors of Alitalia has deliberated to introduce the request of admission to the extraordinary administration
Taken note of the serious economic, patrimonial situation and financial institution of the society
May 2, 2017
Today the board of directors of Alitalia has decided unanimously to introduce the request of admission to the procedure of extraordinary administration. The airline has explained that the assembly of the shareholders of the society, met today, "has taken note, with great regret, of the outcome of the referendum between employee own, that the performance of throws again and the restructure of the society has in fact precluded".
Last week, in fact, beyond two third party of the workers of the company they had rejected the industrial plan rejecting the pre-agreement signed between unions and company that a contribution of about two billions of euro previewed by the financial associates.
"The Italian associates and Etihad (the airline of Abu Dhabi who stops 49% of Alitalia, ndr), who convinced of the growth potential of the company - law in a today's note of the Italian company - had become available to finance the industrial plan for two billions of euro, through strong investments and a structural cost reduction that, for two third party, were not relative to the cost of the staff. The associates had conditioned the availability to the ripatrimonializzazione and the refinancing to an agreement with the labor organizations, failed with the outcome of the referendum between the dependent".
The Board of Directors of Alitalia, met to the term of the assembly, therefore "has , failing of the support of the associates and the impraticabilità, in times breviums, of solutions alternatives", and therefore has decided of giving start to the procedure that would have to carry to the commissariamento of the company.
Alitalia has emphasized that "the flights and the Alitalia operations will not endure some modification and will continue the previewed programming second".
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