Unions agree to staff payoff deal to ease troubles at Italian airline

Unions
and management at struggling Italian airline Alitalia have agreed a deal for the payoffs of 3,700
employees.

According
to BBC Online, the agreement should help as the carrier restructures in a bid
to save itself from bankruptcy.

Staff
laid off will receive two years of state welfare payments, while staying on the
firm’s books for two years.

They
will then get three years of redundancy payments at a lower level.

By Quentin Reade