Etihad Deal Could Lead To Management Changes At Alitalia

The agreement that will see Etihad Airways take a 49% shareholding in Alitalia will lead to a change at the top of the financially struggling Italian airline, including its CEO and chairman, and more than 2,000 jobs will be cut.

Etihad is not losing any time with Alitalia’s restructuring and wants an accord by Sept. 10 delineating how many employees will take up the offer to accept the voluntary-redundancy package. Five days later, on Sept. 15, the letters of dismissal will be sent out.

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