Grauniad:.......The outcome represented a victory for Berlusconi's determination to keep the airline in Italian hands at all costs. But the bill for the taxpayer will be a hefty one, at least €2bn (£1.6bn) by most estimates.*
Antonio Divietri, the head of one of five smaller unions whose intransigence almost scotched an agreement, left the prime minister's office yesterday saying: "We've signed. But there's nothing to celebrate. One in three [of the flight attendants] will [lose their jobs]. And hundreds and hundreds of our colleagues will be forced to move cities to work."
Berlusconi said the talks had "run up against - let's call them - privileges that have crystallised in the course of many years".
To secure an agreement, the government offered a remarkable degree of support to those who lost their jobs, including paying 80% of their salary for up to seven years.
*Love to know how they'll get it past the EU; and if, in the present economic crisis and turndown, Air France-KLM or Lufthansa will actually come back to the table...
(Lufthansa is, apparently, the favourite of Mr B as they will use Milan as the hub, whilsr AF-KLM wanted to use Rome)