The CEO of Alitalia Cramer Ball informed the board of directors of the "plan, already launched, of a drastic reduction in costs which provides for savings - not related to personnel costs - already identified as at least 160 million euros in 2017". Alitalia's board of directors ratified the appointment of Roland Berger and Kpmg as external consultants (the first industrial advisor, the second financial advisor), who have already started working to give an independent assessment of the recovery plan prepared by the CEO. d. and by the management of the company”.
Alitalia's board of directors acknowledged that the financial performances of the first quarter of 2017 "are in line with the forecasts of the Plan". Alitalia's board of directors and shareholders also “unanimously confirmed their full commitment to supporting management in achieving the objectives set in the recovery plan”.
