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Alitalia OKs business plan

Gubitosi named president replacing Montezemolo

Redazione Ansa

(ANSA) - Rome, March 16 - Alitalia on Wednesday night approved a business plan cutting costs by one billion euros in three years.
    The board said it will now try to convince shareholders about funding the plan, after hopefully reaching a deal with trade unions.
    Former RAI State broadcaster directot-general Luigi Gubitosi joined the board as executive president replacing former Ferrari boss Luca Cordero de Montezemolo.
   

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