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European news
Alitalia deal
The future of the Alitalia Italian airline company remains uncertain as the company’s 12,500 employees vote on a preliminary deal to which the unions have agreed.
The proposed settlement reduces the planned number of redundancies from 1,338 to 980, but there is still a pay cut equivalent to 8% overall, with fewer rest days.
If the deal is agreed the company will receive additional finance, part of which will be guaranteed by the government.