|Quoting UAL777UK (Reply 1):|
Its a sorry state with AZ. Looking at the mess they are in I wonder if it would not make more sense to let them just liquidate like Swiissair and then a new Alitalia could rise from the ashes, with a reduced workforce, slashed salaries and new contracts, and perhaps run by Air One. It would be painful, but it might be on the only option.
I'm sorry to say that you are most likely right. Too bad for an airline with such a rich history, but it looks like they are too far gone. Bad management, too many strikes, etc have all made sure that AZ
can not turn a profit. If even AF
/KL turn them down, as close a partners as they are (remember KLM almost merged with AZ
before the BA
talks and finally the AF
takeover), they really must be in a sorry state. I agree that the only option is to let them liquidate, and start anew. But with no state interest in the airline. And while I am a supporter of unions, the Alitalia unions have gone way too far. They do because they know they can, the government will never obstruct them. This all makes sure that any restructuring of the current AZ