Alitalia cost cutting to start with fuel - Gubitosi

Commissioner says 20% higher than market price

(ANSA) - Rome, May 15 - Luigi Gubitosi, one of the commissioners placed in charge of Alitalia after the airline was put into extraordinary administration last month, has said that a cost-cutting drive will start with fuel. "We are touching the whole company on costs, starting with fuel costs as there are coverage contracts above the market rate, about 20% more, and we are trying to dissolve these contracts with the powers of the extraordinary administration," Gubitosi told State broadcaster RAI's Report show.


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