Italian media reviews earlier stated merger talks with Lufthansa had stalled after Italian authorities refused Lufthansa’s strategies to regulate the worth for a 41% stake in Alitalia successor ITA Airways.
Italy’s former nationwide service Alitalia has began procedures for the collective dismissal of its remaining 2,059 workers, the airline’s directors have advised unions.
The transfer comes because the successor to bankrupt Alitalia, ITA Airways faces hurdles in its merger plans with German Lufthansa.
In line with Italian media reviews, merger talks stalled after the Italian Economic system Ministry refused Lufthansa’s strategies to regulate the worth for a 41% stake in ITA Airways.
Lufthansa trying to negotiate additional
Lufthansa is arguing that the government-owned Italian airline would lose worth as a result of its poor efficiency within the fourth quarter of the 12 months.
Lufthansa stated it will adhere to the 2023 phrases of the contract for its funding in ITA, including it “had signed the required treatment bundle by the agreed deadline”.
In the meantime, Alitalia, which is below particular administration measures and shifting towards ultimate liquidation, plans to put off its remaining workers till the tip of the 12 months.
The ultimate cuts embody greater than 1,100 flight attendants and 82 pilots and turn into efficient in January, based on a letter despatched this previous week by the administration to the airline unions.