Industry Minister Carlo Calenda on
Wednesday ruled out nationalising loss-making airline Alitalia
or taking a major stake in it to ensure it has enough cash to
turn itself round.
Alitalia, he said, "is and must remain a private company and
the impact on the State budget must be reduced to the minium
indispensable," he said at question time.
"Alitalia is an important firm for a country that lives off
exports and tourism," Calenda said.
"The government intends to support, within limits, the
restructuring process and oversee the implementation of the
business plan".
Alitalia has announced 2,000 job cuts among ground staff in a
painful restructuring plan aimed at staunching its losses and
returning to profit.
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