Alitalia Talks Stretch Past Deadline
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Racing to avoid bankruptcy, Alitalia  AZPIa.MI struggled into the early hours of Thursday for a  last-minute deal with its powerful unions to roll back benefits  and stretch the working hours of thousands of staff.
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The Italian airline Alitalia said on Wednesday that it had delayed by five days, until Monday, the final approval to its bailout plan, which includes 5,000 layoffs.
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Alitalia said that the government and trade unions had set a deadline of October 5 to reach agreement on social measures by the state to help staff who will lose their jobs in the carrier's relaunch program.
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MILAN Alitalia moved closer to liquidation Wednesday with a government official demanding that the management of the Italian state-owned airline and its unions reach a quick agreement on a restructuring plan.
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Italian airline Alitalia has reached an agreement with its cabin crews, completing negotiations aimed at avoiding the threat of collapse.
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Italy&#39;s government renewed its threat to let Alitalia die unless unions agree to a cost-cutting deal by September 15, saying the days of bailing out the loss-making airline were over.
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Italy&#39;s struggling state carrier Alitalia met with labor unions Tuesday, trying to persuade them to accept a sweeping restructuring plan after announcing a further worsening of the airline&#39;s financial situation.
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Talks between Alitalia and the unions were continuing on Tuesday as hopes rose of staving off bankruptcy at Italy's troubled national airline.
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State carrier Alitalia could be faced with collapse within 20 days without the approval a restructuring plan that would allow the airline to tap into a euro400 million (US$488 million) loan, the company&#39;s head was quoted as saying in Italian news reports
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MILAN, Nov. 23 Â Air France-KLM, EuropeÂs biggest airline, said today that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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Lucent Technologies Inc. and unions  representing roughly 10 percent of the telecommunications  equipment maker's work force said on Friday they have agreed to  extend talks a week beyond a midnight EST Sunday contract  deadline.
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Transport strike keeps broad-based incomes talks at standstill The deadline for a broad-based incomes agreement is being pushed back by the ongoing transport strike.
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MILAN : Alitalia pursued last-ditch talks with unions, its deadline for clinching a rescue plan or face bankruptcy, a day after winning a key deal with pilots.
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Alitalia's talks with unions look set to continue into the weekend, as management struggle to reach a deal with cabin crew.
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Ryanair extends the deadline for its proposed takeover of Aer Lingus after fewer than 1% of shareholders sign up.
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Italian airline Alitalia said Thursday that it would postpone until next Tuesday its decision on which buyer it prefers to take over the loss-making company.
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Alitalia scrambled for an accord with cabin crews on Friday over job cuts and longer hours needed to save the airline from collapse as negotiations