Beaucaire From Syria, joined Sep 2003, 5252 posts, RR: 23
Reply 4, posted (7 years 8 months 3 weeks 1 day 17 hours ago) and read 3527 times:
Berlusconi has softened it's initial opposition and said he would be willing to accept a take-over b AF,provided the national identity of AZ will be maintained.
I would also imagine the terms and conditions are rather imposed by AF and not the opposite.So if AZ unions agree on jobcuts as suggested ( about 1400 to go ) and the Malpensa claim of 1.Billion € in case of anticipated flight-cuts from AZ is made obsolete,things should move fast.
BP1 From United States of America, joined Aug 2007, 593 posts, RR: 1
Reply 9, posted (7 years 8 months 3 weeks 1 day 10 hours ago) and read 3132 times:
The other side of the story is that if AZ fails, or needs to sell assets (including airplanes) I am sure some of their 777's and other aircraft would fit nicely throughout the international aviation community. Let us not also forget their remaining slots at LHR and other airport assets in the entire system have value to other carriers also.
"First To Fly The A-380" / 26 October 2007 SYD-SIN Inaugural