Luca Cordero di Montezemolo on
Tuesday quit as Alitalia president but remained on the board, a
day before the airline management is set to approve a painful
restructuring plan. Montezemolo said in November he would quit
when the board approved the new business plan. The plan
reportedly contains many job cuts as well as deep savings at the
loss-making airline. Montezemolo's resignation will become
official after a few more steps are taken, company sources said.
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