Alitalia to Start Bankruptcy Process

Alitalia is set to start bankruptcy proceedings after workers rejected job cuts. This marks its second administration in a decade. Etihad, a major shareholder, expresses disappointment. The Italian government is not supporting a bailout, and the most likely scenario is administration. The union's decision has heightened tensions, and future investment remains uncertain.

What was the primary reason for Alitalia's initiation of bankruptcy proceedings?

• Workers voted against job cuts.

• The government withdrew financial support.

• A competitor filed a lawsuit.

• The airline lost a major investor.

How did Etihad initially contribute to Alitalia?

• By reducing ticket prices.

• By modernizing the fleet and uniforms.

• By acquiring new routes.

• By cutting operational costs.

What was the union's reaction to the situation with Alitalia?

• They blamed Etihad for the failure.

• They proposed a new management team.

• They supported the job cuts.

• They expressed disappointment and anger.

What is the Italian government's stance on a bailout for Alitalia?

• They have already provided financial aid.

• They do not support a bailout.

• They are considering nationalization.

• They are in favor of a bailout.

What is the most likely scenario for Alitalia according to the Italian Economic Development Minister?

• Expansion into new markets.

• Immediate liquidation of assets.

• Entering a period of administration.

• A merger with another airline.