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Alitalia reaches deal to avoid lay off for 1,900 workers: union

Reuters

MILAN (Reuters) - Alitalia's trade unions said on Friday they have reached a deal with the management to avoid lay off for 1,900 workers. The agreement, announced in a statement by the FIT-CISL union, is part of the restructuring plan for the troubled carrier and a prerequisite for a tie-up with Etihad Airways. The Abu Dhabi carrier entered in the final phase of due diligence for a possible investment by in the Italian airline at the beginning of February. (Reporting by Stefano Bernabei; writing by Francesca Landini)