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Last updated on April 18, 2014 at 17:24 EDT

Latest Silvio Berlusconi Stories

2008-09-26 06:00:25

By Caroline Brothers and Rachel Donadio Alitalia, the Italian airline, staggered back from the brink of collapse Thursday when the last of its four major unions signed on to a salvage plan, prompting an investor group to revive a euro 1 billion offer that would resuscitate the flag carrier. The breakthrough came after the government toiled to bring the center-left CGIL union back into the plan to rescue Alitalia, which Prime Minister Silvio Berlusconi of Italy had made a central re-...

2008-09-25 09:00:36

Italian prime minister Silvio Berlusconi has called upon key players to hopefully clinch a last-minute deal to rescue Alitalia, as Italy's civil aviation authority ENAC has threatened to scrap the struggling airline's operating license. Alitalia is close to bankruptcy and could see around 19,000 staff being laid off. Concurrently, Mr Berlusconi's close aide Gianni Letta has held talks with union leaders, the CAI investor consortium and the former CEO of Alitalia, Francesco Mengozzi, who now...

2008-09-21 12:00:20

By Stephen Brown "I love Italy, I fly Alitalia" was the slogan Silvio Berlusconi, the Italian prime minister, coined after his re-election. Months later, a rescue bid for the airline has failed and he faces the prospect of liquidating a symbol of national pride, dismissing 19,000 workers and seeing Alitalia's landing slots being taken by foreign companies. Berlusconi is riding high in opinion polls, but the failure of an important plank in his election campaign could undermine that,...

2008-09-18 18:00:37

Alitalia cancelled 40 flights yesterday as the troubled Italian airline continued bleeding money. And the government summoned restless unions for what could be the last round of talks to save it. The airline was forced to cancel flights because of a strike by a small union protesting a rescue plan but a spokesman said it was still able to buy fuel. Alitalia, a symbol of Italy's national identity for more than six decades, risks being liquidated after years of political interference,...

2008-09-18 18:00:24

A STRIKE forced Alitalia to cancel 40 flights yesterday as the bankrupt Italian airline fights for survival. Alitalia's website warned passengers about the four-hour strike, scheduled to last from noon to 4pm (10am GMT to 12pm GMT). The cancelled flights included domestic routes and flights across Europe. A small union, known as Cub, called the strike to protest against a plan by potential investors to save Alitalia. The rescue formula involves slashing the number of aircraft, and...

2008-09-16 06:00:20

By Caroline Brothers Alitalia appeared to inch back from the verge of bankruptcy Monday as four of its nine unions agreed on the outline of a business plan for the carrier, but negotiations were to continue on the thornier challenge of a new labor contract. Unions and a group of 16 investors known as CAI were engaged in emergency talks, brokered by the Italian government, to try to keep the airline flying and stop its administrator, Augusto Fantozzi, from starting to liquidate its assets....

2008-09-16 06:00:20

Alitalia's biggest labor unions clinched an initial deal with the airline's potential buyers Monday, raising hopes that it could avoid collapse, but pilots balked and flights risked being grounded for a lack of cash to buy fuel. The four main Italian unions - CGIL, CISL, UIL and UGL - and a consortium offering to buy Alitalia agreed on the rough outline of a rescue plan that would cut about 3,000 jobs but leave 12,500 workers at the slimmed-down airline. Thousands of other employees are in...

2008-09-15 06:00:28

By Robin Pomeroy The Italian government scrambled Sunday to save Alitalia from collapse, with the airline warning that it might be required to cancel flights Monday because it could not secure fuel supplies. Emerging briefly from emergency talks with labor unions, Labor Minister Maurizio Sacconi answered "yes" when asked if he was optimistic about the possibility of reaching a last-minute rescue deal. Unions had rejected an Italian consortium's offer to buy profitable parts of the...

2008-09-15 06:00:28

By Caroline Brothers The Italian government was making some progress Sunday in brokering a deal that would stave off bankruptcy at Alitalia, the Italian flag carrier, after fears arose that the airline might have to ground flights because suppliers would cut off its jet fuel. Signs of flexibility on the part of Alitalia's pilots also indicated that a deal could yet be reached that would stop Augusto Fantozzi, the airline's administrator, from proceeding to liquidate its assets. "We are...

2008-09-09 12:00:24

ROME (AP) -- Government and union officials must reach a deal on a plan to save Alitalia by the end of next week because the failing airline cannot keep flying much longer, Italy's labor minister said Monday. By mid-September, the state-controlled carrier could begin experiencing "operational problems, which in time can result in an impossibility to survive," Maurizio Sacconi told reporters during a break in initial talks between the government and unions representing Alitalia workers....