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Hopes of rescue bid for Alitalia look slim

23 September 2008

A last-ditch attempt to find a buyer for crisis-stricken flag carrier Alitalia will be made today as Italy’s transport minister warned that the airline’s planes could be grounded within a week.Alitalia’s special administrator will put the national carrier up for sale, but buyers are thin on the ground.

Unions last week rejected a €1bn (£791m) rescue bid by the CAI consortium of Italian businesses because the plan involved the loss of 3,000 jobs and more stringent working conditions for remaining staff.

source: Telegraph.co.uk

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