Sean\’s Sicily

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Alitalia needs an angel – step up Mr. Burlusconi!

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Gilded Angel

Originally uploaded by sean.casaidhe

Hah, the talking hasn’t stopped yet and the future of Alitalia still hasn’t been confirmed. Yesterday I saw on the news that Fantozzi has signed off on this month’s payroll, so clearly Alitalia still has cash to burn (even if Mr. Fantozzi thinks that his mission is to burn it, instead of trying to salvage something from the creditors!).

Between all the talk shows, news articles, etc. it’s still clear that everyone assumes that, if push comes to shove, Burlusconi will throw the EU rules out and pump more cash into the company. For the unions involved, the stakes are higher than just Alitalia, if they give way on that front, how long before Fiat etc. start demanding that employees takes cuts from them too?

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Written by seancasaidhe

September 25, 2008 at 10:40 am

Posted in Sicily

Tagged with , ,

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