2-bn-euro Alitalia plan says Montezemolo (2)
An Italian at the helm, new routes says outgoing president
21 Aprile 2017
Rome, April 21 - Outgoing Alitalia President Luca Cordero di Montezemolo told ANSA Friday that the former national flag carrier should have "a two-billion-euro capital hike from all partners, and strong discontinuity among managers compared to the recent past, with the arrival of a strong Italian manager at the helm, as well as new routes and new planes". He said these were the commitments of the Italian and Abu Dhabi shareholders in Alitalia. Alitalia staff are currently voting in a referendum whether to accept a business plan reducing job cuts by about a third and pay cuts by about 8% to save the chronically loss-making airline.