Air France
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Among several sources, here is Bloomberg's report:
http://www.bloomberg.com/apps/news?p...RoA&refer=home
http://www.bloomberg.com/apps/news?p...RoA&refer=home
The EU will bar your government from any type of bailout, and with AF/KLM's recent experience with your unions, it is highly unlikely that any other carrier will make an offer. That leaves your unions with really only one choice, IMHO.
Join Date: Sep 2007
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MD4490,
it is now crystal clear that AZ is heading straight into bankruptcy, the only question is when this will happen. AZ is out of cash and out of hope ( except for some nationalistic daydreamers). Even the new government of Berlusconistan has no real chance of avoiding this. The little clown is totally dependent on the EU pouring Billions into Italy's South.
I would start floating my resumé in the European aviation industry. You are really lucky as the timing is (still) right to find a well paid job within Europe.
We always admired the AZ pilot corps for their good training schemes, for their flying skills and for their ability to navigate sucessfully the chaos. Good Luck, there are greener (and more solid) pastures close by.
Frank
it is now crystal clear that AZ is heading straight into bankruptcy, the only question is when this will happen. AZ is out of cash and out of hope ( except for some nationalistic daydreamers). Even the new government of Berlusconistan has no real chance of avoiding this. The little clown is totally dependent on the EU pouring Billions into Italy's South.
I would start floating my resumé in the European aviation industry. You are really lucky as the timing is (still) right to find a well paid job within Europe.
We always admired the AZ pilot corps for their good training schemes, for their flying skills and for their ability to navigate sucessfully the chaos. Good Luck, there are greener (and more solid) pastures close by.
Frank
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The end ?
On Wednesday, Economy Minister Tommaso Padoa-Schioppa said the only alternative to the Air France-KLM offer would be to put Alitalia into emergency administration.
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Another stunning victory for the leftie unionist mentality.
Instead of accepting the sad reality that 500 people may loose their jobs, the Alitalia unions have now ensured that almost everyone will loose theirs , and although they may get re-hired by whomever picks up the pieces, they will get re-hired without pensions / senioriy / benefits etc.
Bravo, Bravo
BA unions, Take note.
Instead of accepting the sad reality that 500 people may loose their jobs, the Alitalia unions have now ensured that almost everyone will loose theirs , and although they may get re-hired by whomever picks up the pieces, they will get re-hired without pensions / senioriy / benefits etc.
Bravo, Bravo
BA unions, Take note.
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To quote the departed chairman "This company is cursed: only an exorcist can save it," - so now it's dark supernatural forces that are to blame! 
I have a large number of ex-Sabena workmates who described how the union was still outside picketing the company offices as the company slid into bankruptcy. I find it incredible that the AZ unions can't see that the same sad scenes are again going to be re-enacted. The EU won't allow the government to bail out the national flag carrier (the latter being a somewhat outdated concept by the way) and they will go bust. Now the union's job is to get the best deal for it's members BUT THIS WOULD be best achieved by some realism and a degree of compromise.
The alternative is to stick your head in the sand as the company goes down the pan.
I have a large number of ex-Sabena workmates who described how the union was still outside picketing the company offices as the company slid into bankruptcy. I find it incredible that the AZ unions can't see that the same sad scenes are again going to be re-enacted. The EU won't allow the government to bail out the national flag carrier (the latter being a somewhat outdated concept by the way) and they will go bust. Now the union's job is to get the best deal for it's members BUT THIS WOULD be best achieved by some realism and a degree of compromise.
The alternative is to stick your head in the sand as the company goes down the pan.
Join Date: Jan 2008
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From Longhitter
"Of course the standard French reaction of sticking your head in the sand in the face of inevitable and necessary change will work in the short term, but rather than pi**ing on your Italian colleagues you would be much better off constructively supporting your boss in the process of tapping into the huge market that Italy is. Your attitude towards AZ makes it much more understandable that the AZ pilot union is weary of you lot...
Well, Longhitter, they were so weary indeed that they decided to commit collective suicide. That's wearyness carried to the extreme.
This just proves the point I have been trying to make for a couple of days. I'm not dancing around, trust me. Just feeling a tad relieved that we didn't tread on this hornet's nest.
Now, you've been elegant enough to mention bags, if memory serves right. Our motorways are flooded with trucks on their way to Italy which seems to be the only place where one will be able able to figure out what is what and whose. Hopefully their owners will be able to get them before they expire their last breath due to old age.
"Of course the standard French reaction of sticking your head in the sand in the face of inevitable and necessary change will work in the short term, but rather than pi**ing on your Italian colleagues you would be much better off constructively supporting your boss in the process of tapping into the huge market that Italy is. Your attitude towards AZ makes it much more understandable that the AZ pilot union is weary of you lot...
Well, Longhitter, they were so weary indeed that they decided to commit collective suicide. That's wearyness carried to the extreme.
This just proves the point I have been trying to make for a couple of days. I'm not dancing around, trust me. Just feeling a tad relieved that we didn't tread on this hornet's nest.
Now, you've been elegant enough to mention bags, if memory serves right. Our motorways are flooded with trucks on their way to Italy which seems to be the only place where one will be able able to figure out what is what and whose. Hopefully their owners will be able to get them before they expire their last breath due to old age.
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from the bbc article about bag sorting in Milan
"He estimated 10% of the bags would be transported 600 miles by lorry to Milan. "
He also did a very rough estimate of the distance, didn't he?
"He estimated 10% of the bags would be transported 600 miles by lorry to Milan. "
He also did a very rough estimate of the distance, didn't he?
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to Silvio... hope you are satisfied and shoulder the blame in a few days...
to the Unions... may you rot in hell for allowing this to happen
Sad day indeed, convinced AZ will enter emergency admin shortly, such a shame that AZ and peoples pride and futures are so perversly intertwined with italian politics
to the Unions... may you rot in hell for allowing this to happen
Sad day indeed, convinced AZ will enter emergency admin shortly, such a shame that AZ and peoples pride and futures are so perversly intertwined with italian politics
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I have a large number of ex-Sabena workmates who described how the union was still outside picketing the company offices as the company slid into bankruptcy. I find it incredible that the AZ unions can't see that the same sad scenes are again going to be re-enacted. The EU won't allow the government to bail out the national flag carrier (the latter being a somewhat outdated concept by the way) and they will go bust. Now the union's job is to get the best deal for it's members BUT THIS WOULD be best achieved by some realism and a degree of compromise.
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AF/KLM-Pullout
It seems to be official now, since German news agencies (www.tageschau.de and www.spiegel.de) are reporting that Mr. Spinetta effectively terminated further negotiations over the integration of Alitalia.
Apparently, the supervisory board has stepped back as a result of this.
I can imagine what's going to happen. 'Uncle Silvio' will take over (he will win the elections anyway, won't he?) and assume responsibility for saving an all Italian icon from 'hostile' forces and pump discretely some €€€ into it, ignoring a few EU regulations.
Apparently, the supervisory board has stepped back as a result of this.
I can imagine what's going to happen. 'Uncle Silvio' will take over (he will win the elections anyway, won't he?) and assume responsibility for saving an all Italian icon from 'hostile' forces and pump discretely some €€€ into it, ignoring a few EU regulations.
Join Date: Feb 2008
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...it is not about money...it is all about politic (as it has always been)...if they want to bail us out they will... if not...then it will be more than 500 I'm afraid....
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Bending a few EEC rules will be very easy for Silvio. He's made a fortune bending rules. Question is.........what for ???
Apparently AZ people have made a choice, their choice and that's only fair enough. Thing is they're going to have to.........er............live with it. Bad metaphor considering !
AF share rose 3,86 % reacting to the news.
The weeks to come will surely be interesting.
http://tempsreel.nouvelobs.com/actua...t_enterre.html
Apparently AZ people have made a choice, their choice and that's only fair enough. Thing is they're going to have to.........er............live with it. Bad metaphor considering !
AF share rose 3,86 % reacting to the news.
The weeks to come will surely be interesting.
http://tempsreel.nouvelobs.com/actua...t_enterre.html
Last edited by Me Myself; 3rd Apr 2008 at 10:52.
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Well, nationalist instinct have killed more than one brave man, let alone a failing company...
Flag carrier: great state of proudness behind those words... you guys are defending your country with heart and guts... times gone in a modern world!
Reading above messages really points to Europe as being only a sorry failure, surely not the united force it could be
live 2 fly 2 live
Flag carrier: great state of proudness behind those words... you guys are defending your country with heart and guts... times gone in a modern world!
Reading above messages really points to Europe as being only a sorry failure, surely not the united force it could be
live 2 fly 2 live
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I think the arrogant Alitalia unions should go speak to their counterparts at Sabena. Whoops, Sabena is no longer viable. Get the point? Maybe Berlusconi can employ the former Alitalia pilots at his TV stations.
Reading above messages really points to Europe as being only a sorry failure
Mafia-style mismanagement and Italian rule-bending is not accepted any more. All over the world if a company runs out of money, it goes bankrupt. Why should it be any different in Italy?