From Alitalia's press release:
The Board approved a revised strategic plan that is based on becoming more efficient in the management of assets and more competitive in the marketplace through a sharp reduction in costs.
The plan also calls for the reduction in the number of medium-haul aircraft, while maintaining the number of hours flown in 2013 through fleet optimization and an increase in international and intercontinental flights.
The Board also agreed to postpone to November 27th the deadline for the shareholders to participate in the recapitalization plan approved on October 15, 2013.
This "plan" couldn't have been less specific, it's as vague as possible. Trying to get AF/KLM confidence that way? Or anybody else's? What kind of savings could be achieved that way?
An update (Nov. 15th):
Aeroflot , the state-controlled Russian airline, on Friday ruled out buying or aiding stricken Italian carrier Alitalia, which is seeking a cash injection to keep flying.
“Aeroflot does not plan to buy Alitalia, nor will it participate in any way in its financing,” a representative of the Russian flag carrier told NEWS.GNOM.ES.
...
Italian officials say they hope they can still find another international airline to invest and save the carrier, but time is running out after Air France-KLM walked away from the 300 million euro ($403 million) call for more cash.