Alitalia workers begin voting on a make-or-break deal over job and pay cuts.
If they say “no”, Italian airline, which makes loss, is set to run out of money again since investors and creditors are reluctant to inject more cash without an agreement.
It hopes to return to profit by the end of 2019 by making 1 billion euros worth of cost cuts over the next three years.
Source: Euronews
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
