At least if the Union meetings repeatedly

This is done: the Board of Directors which was held yesterday in Rome gave the green light at the entrance of Air France-KLM in the capital of Alitalia to 25 of the capital, to the sum EUR 323 million, or a premium of 40 million compared to the other shareholders. Air France-KLM becomes the first shareholder of the company Italian which restarts this morning in its new form and will have 3 representatives to the Board of Directors. The Dutch group, already first air carrier in Europe in terms of turnover, reinforces its supremacy by acquiring a company of its debts.

Approved unanimously

It is an "extraordinary" agreement, said Roberto Colaninno, Chairman of the new Alitalia, in announcing approval unanimously and "with great satisfaction." According to Alitalia, the agreement will allow the Italian company to identify synergies of 720 million in three years, instead of the 89 current million generated by the trade agreement. Its leaders, it guarantee "absolute Alitalia management autonomy" to Air France-KLM. The Italian shareholders of the company will not have the right to transfer their titles for four years to foreign investors, including Air France-KLM. The fifth year, they can sell to a non-Italiens that if the other Italian shareholders did not exercise their rights of first refusal.

Alitalia should take advantage of the agreement to grow on the Italy-France and Italy - Netherlands, routes on which Air France-KLM is now majority (of the order of 75 for Air France-KLM against 25 for Alitalia). The objective is to achieve a balance. The Italian company would also become the carrier of reference of the Group on paths destined for the South American continent. Alitalia will also join the transatlantic partnership formed by Air France-KLM and Delta flights between Europe and North America.

The fate of Milan-Malpensa

To the end, Lombardy regional officials, who see the arrival of Air France-KLM in the capital of the new Alitalia the end of their hopes to develop the airport of Milan-Malpensa, have tried to influence the Board of Directors of the new company so that it differs from her agreement and wait for a hypothetical German offer. In vain: Lufthansa competition has never been that virtual, limited to a proposal for a trade agreement with the Star Alliance network. The new Alitalia is wanted reassuring, explaining that he wanted to have a strategy based on several "hubs": Rome-Fiumicino and Milan-Malpensa will be a part of a polycentric network equally with Paris and Amsterdam. At Malpensa, destinations will pass in the first place from 3 to 14. Near Milan airport is destined to become the "hub" of the North of the Italy business customers.

High of 138 aircraft, the new Alitalia was to begin as early as this morning to serve some of its 70 destinations. At least, if the Union meetings repeatedly. Because unions are dissatisfied with the way leaders have applied the social agreement signed in barely a few months ago.

Yesterday, Roberto Colaninno attempted to calm by stating that he was aware of the importance of the staff. "We will seek to return to all those who are unemployed or precarious in Alitalia.". "It's a commitment we made, a fundamental point of our ethics that we will seek to continue", he said.