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Alitalia referendum, union agreement rejected: survival at risk

More than 9.300 eligible voters voted, a percentage close to 90% – In Milan the No swept the board, while in Turin the Yes prevailed – The future is marked for the airline: we are heading towards the commissioner, the antechamber of the liquidation –

Alitalia referendum, union agreement rejected: survival at risk

The workers voted No to the unions-Government agreement on Alitalia, decisive for the green light to the new industrial plan of the airline, which in order to be financed by the banks instead awaited a positive response from the referendum which was voted on from 20 to 24 April , with the mass participation of almost 90% of those entitled, including pilots, flight attendants and ground staff.  

The No of the flight crew was decisive, in Milan as in Rome, where the No was largely the majority. The more than 12 Alitalia employees have therefore expressed their opposition to the agreement and now the company's future appears increasingly marked. It is no coincidence that the government met yesterday afternoon to talk about the carrier crisis: Prime Minister Gentiloni and ministers Delrio, Padoan and Calenda took part in the emergency summit.

After the rejection of the agreement, there do not seem to be many alternatives to the receivership and subsequent liquidation of the airline with dramatic social and employment problems, while a nationalization of Alitalia is not conceivable.

On the contrary, with the go-ahead to the agreement between the unions and the company, the five-year plan presented in March would go ahead, a project which, through a drastic cut in salaries and jobs, aimed to secure the accounts over the next three years in view of its latest relaunch. Which now won't be there.

At this point, given the impossibility of proceeding with the recapitalisation, the company's board of directors decided to initiate the procedures envisaged by law and convened a shareholders' meeting for 27 April in order to deliberate on the same. This is what we read in the note issued by the group. From the same press release we learn that the board of directors convened today "recognized with regret the decision of its employees not to approve the meeting report signed on April 14 between the company and the trade union representatives".

The approval of the minutes would have released a capital increase of two billion, including over 900 million of new finance, which would have been used to relaunch the company. In a second press release Alitalia specifies that the program and the operations of the flights "will not undergo changes at the moment".

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