According to the half-official news of The Wall Street Journal Alitalia has just succeeded in raising from its shareholders and creditors a required minimum of €225 million so that Italy's post office will invest in the airline. That will let Alitalia keep flying for several month as it looks for a partner to ensure its long-term survival.
Tomorrow we should expect the announcement of a new saving plan. Italian trade unions will be faced with about 1,900 redundancies and savings of EUR 350 million, part of which would came from cuts to all salaries exceeding 40 000 euro/ year.