Troubled Alitalia Now Claims it Doesn’t Have a New Business Plan
Alitalia's logo is seen on top of the headquarters at Fiumicino international airport in Rome. Max Rossi / Reuters
Is a roadmap out of the nonsense really so bad? Alitalia may be different in some respects because it it Italian, but it still is a bellwether for Europe’s legacy airlines. Its fellow state airlines are looking at it closely for insight into how not to fail so dramatically.
Italian airline carrier Alitalia denied on Thursday it had presented a new business plan.
In a statement, Alitalia said reports of job cuts, grounding of planes and cuts to routes were “completely groundless”.
Some Italian newspapers on Thursday said a new business plan for the loss-making airline envisaged 2,200 job cuts.
(Reporting by Stephen Jewkes; Editing by Agnieszka Flak)