MILAN, March 15 Troubled Italian airline
Alitalia said a deal with unions over job cuts was necessary to
unlock financing for its new five-year restructuring plan, which
was approved on Wednesday.
In a statement, Alitalia said its management would present
the plan to the government on Thursday, and would then meet
unions to start discussing personnel.
Alitalia's controlling shareholder Etihad Airways, which has
a 49 percent stake, is pushing for deep job cuts at the
Alitalia also said in a statement Luigi Gubitosi had joined
its board of directors and that shareholders agreed he would
become executive chairman after financing for the company's
business plan had been approved.
(Reporting by Valentina Za, editing by Steve Scherer)