Italian carrier Alitalia (AZ) held an employee referendum this week to vote on possible cost cutting measures after a period of economic difficulty. The staff voted in clear opposition to any cuts or restructures.
Yesterday the Italian government intervened and has provided the airline with a bridging loan of 400 million Euro to enable the carrier to operate as normal for the next six months. After 6 months, the courts will decide the fate of the airline which may mean it is sold or restructured. Due to the uncertainty about the future of Alitalia, FCM will be implementing some protective measures to limit any potential business travel disruptions or cancellations.
For existing ticketed Alitalia bookings:
Any existing ticketed Alitalia fares or sectors do not require any amendment, for the next 6 months services are expected to operate without disruption. FCM will address any issues with bookings ticketed to travel after 6 months closer to the deadline date when decisions are made about the carrier's future.
For new bookings with Alitalia sectors:
As a precaution, all transatlantic sectors will be booked on a Delta, Air France, or KLM as an alternative to Alitalia.
If you have any questions or concerns, please contact your Account Manager.