i think all wise men and women here in Italy and more broadly speaking in the EU hope that state subsidies and other unfair practices are at their final chapter.
the situation at AZ is probably more critical than it seems, pilot and F/A unions have agreed to help as i heard today on tv...they were talking about pay cuts and improved productivity but without compromising safety (what that meant was that they didn't agree to longer hours and duty so i don't see where they wanted to be more productive),they also said something about "non traumatic lay-offs" meaning of which i don't seem to grasp....
the facts are that AZ lost about 11% pax since the beginning of the year to other domestic airlines and has about 6000 people more than it needs...not to talk about productivity and quality of the service...
all in all something must happen,let's not hope for a bankrupcy since it would be bad for all of us but let's hope the company will undergo deep restructuring and will turn into a "normal" airline like other flag carriers have become.