Alitalia CEO Cramer Ball has confirmed that 2,000 jobs are to be cut, representing 51% of the airline’s office staff and 20% of nonflying operational roles, under a recently announced restructuring strategy. Ball said the cuts were “painful but necessary,” forming part of Alitalia’s plan to trim costs by €1 billion ($1.1 billion) by 2019. Two-thirds of these savings will come from non-labor related costs. The Italian carrier currently employs 12,500 staff and ...

Subscribe to Access this Entire Article

"Alitalia CEO confirms 2,000 jobs to go" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.