Alitalia's rescue by Italian investment group CAI appears fully on track after the last of AZ's nine labor unions yesterday backed the €1 billion ($1.46 billion) plan to re-launch the troubled airline that is estimated to be losing €3 million daily. After weeks of contentious negotiations between the unions and CAI, which includes Air One, labor groups agreed to concessions that will include 3,000 of AZ's 20,000 workers losing their jobs. "We've signed the deal, but there's ...
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