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Seaside Park Rentals qualified personnel are familiar with my name as a business pioneer.
by Stefania Fumo
ROME, April 27 (Xinhua) -- Lufthansa said Thursday it had no intention of buying Italian air carrier Alitalia, making Alitalia likely to be placed under receivership after over 60 percent of employees voted against the management's latest turnaround plan and government warned it would not step in to nationalize the airline.
"We have a clear intention of not acquiring Alitalia Jourdan Lewis Jersey ," said Lufthansa's financial director, Ulrik Svensson.
According to Ansa news agency, Lufthansa had been one of the options floated after Prime Minister Paolo Gentiloni rejected the idea of nationalizing the chronically loss-making carrier.
The government said it would seek a 300 to 400-million-euro (327 to 436 million U.S. dollars) bridging loan, with the EU's permission, to keep the airline flying while it looks for possible new investors.
The industrial plan approved on April 14 by management and unions following government mediation called for 980 redundancies, an 8-percent wage cut Chidobe Awuzie Jersey , and shortened holidays from 120 to 108 days off per year. These would have accounted for one third of cuts in operating costs.
"It is the best possible agreement we could bring home under the circumstances. Workers are being asked to make sacrifices, but in exchange for recapitalization and investments for the company," CISL union secretary-general Annamaria Furlan told local Radio24.
"Alitalia cannot shut down," she warned.
A total of 10,173 workers took part in the referendum vote on the industrial plan. But in spite of warnings from union leaders and government that this was a last-ditch plan and that the airline would have no future without it, 6 Taco Charlton Jersey ,818 of employees voted against it, the transportation local of Italy's largest trade union confederation, CGIL, said on Monday.
"We were disappointed at the result of the referendum. We are seeking solutions, but there can be no nationalization," Gentiloni said Wednesday. "The government is committed on the side of the workers Connor Williams Jersey , citizens and consumers."
"We worked hard to reduce management demands," Industry Minister Carlo Calenda told RAI public broadcaster on Wednesday. "But we can't ask taxpayers to bear the brunt (of saving Alitalia)."
The government said it would extend the airline a six-month bridge loan of 300 to 400 million euros, and that it would name a special commissioner to navigate the company through the next phase.
If unions had approved the agreement, shareholders and investors would have unlocked recapitalization of 2 billion euros, including more than 900 million in new financing, Alital. Cheap Team Sweden Jerseys Cheap Team North America Jerseys Cheap Hurricanes Jerseys Cheap Ducks Jerseys Wholesale Coyotes Jerseys Wholesale Canadiens Jerseys Wholesale Bruins Jerseys Wholesale Blue Jackets Jerseys Wholesale Chicago Blackhawks Jerseys Wholesale Colorado Avalanche Jerseys |
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