Alitalia will enter extraordinary administration, the equivalent of US Chapter 11 bankruptcy protection, the Italian flag carrier announced May 2. The move comes a week after Alitalia labor unions rejected a tentative deal thrashed out between the airline and its employee trade union representatives. That deal called for around 980 redundancies from the company’s 12,500 workforce and an 8% pay cut. Initially, the redundancy figure had been around 2,000 full-time and temporary staff, ...

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