CEO Cramer Ball said, “It is vitally important that the airline’s workforce and major stakeholders, such as corporate partners, suppliers and unions, embrace and accept the radical changes we need in order to gain the next round of significant funding from our shareholders, which will be crucial for our future.”
The chief executive of Italian national carrier Alitalia has warned that the next two months will be crucial for the airline’s future as it works on the implementation of a detailed business plan demanded by the Italian government.
CEO Cramer Ball said, “It is vitally important that the airline’s workforce and major stakeholders, such as corporate partners, suppliers and unions, embrace and accept the radical changes we need in order to gain the next round of significant funding from our shareholders, which will be crucial for our future.”
Alitalia, in which Abu Dhabi-based Etihad Airways has a 49% stake, is working with creditors, banks and shareholders to control financial losses and give the airline some hope for a sustainable future.
Ball said no final decisions have been taken on staff numbers “and the management team will now begin consultation with employees and their trade union representatives”.