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Alitalia, unions agree to further cuts

Alitalia and its trade unions agreed to an additional €65 million ($78.2 million) in annual cost savings over the next three years. The savings will be included in the updated Business Plan 2005-2008, which will be discussed by the airline's board today. The accord involves efficiency measures and productivity improvements for pilots, flight attendants and ground staff, but does not contain further job cuts or pay reductions. The initial restructuring plan, which was endorsed by ...

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