A '' significant staff cut '' and fleet reduced by more than half.
According to EU sources, these are the terms of the agreement between the Italian authorities and Brussels on Alitalia-Ita.
"Following intense and constructive discussions at all levels, the EU Commission and the Italian authorities have reached a common understanding on the key parameters to guarantee economic discontinuity between
Ita and Alitalia
. Contacts will now continue at full speed at a technical level" .
This was reported by the EU executive at the end of the meeting between the EU vice president, Margrethe Vestager, and the ministers Giorgetti and Franco.
"The Commission supports Italy's efforts to prepare as soon as possible the launch of Ita as a new and vital market player in line with EU standards", underlines the Commission.
GIORGETTI: IT'S NOT OVER
On Ita's take-off "we have made some steps forward, it's not over, there are many technical steps and more. But certainly today is an important step towards solving the problem".
This was stated by the Minister of Economic Development, Giancarlo Giorgetti, at the end of the first day of meetings held in Brussels.
"The new company" Ita "will be able to participate in the
tender for the Alitalia brand"
.
This was stated by the Minister for Economic Development, Giancarlo Giorgetti, responding to questions from journalists on the conditions agreed with the EU Commission to guarantee economic discontinuity between Ita and Alitalia.