Alitalia will hold a board meeting with its shareholders Wednesday afternoon to discuss a new cost-cutting plan and ways to obtain financial help to keep the airline operational. It employs 14,000 workers. Air France-KLM management will join the meeting via telephone conference, a source close to both airlines told ATW. “It is expected that a first statement from the meeting will be not available before midnight, most likely on Thursday morning,” the source said. The ...

Subscribe to Access this Entire Article

"Alitalia: Wednesday board meeting essential for carrier’s future " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.