All those who don't speak Italian, a quick google translate of the article:
Alitalia's Board of Directors "given the impossibility of proceeding to recapitalization" has "decided to initiate the procedures provided for by law and convened a shareholders' meeting on April 27 in order to deliberate on them." After workers called on to express themselves with the referendum, they said NO to the rescue agreement, thus opening the way for the company's commission, the board of directors still points out that "the program and operation of Alitalia flights Will not be subject to change at this time. "
The "no" to the pre-agreement for the rescue of Alitalia has clearly won, with 6.816 votes, against 3.206 yes, that is 67%.
Yesterday, at Palazzo Chigi, Prime Minister Paolo Gentiloni met Infrastructure Ministers, Graziano Delrio and Economic Development, Carlo Calenda, who in the night expressed their "regret and distaste for the outcome of the referendum". One result, they commented in a joint note signed by Labor Minister Giuliano Poletti, "which puts at risk the company's recapitalization plan." "At this point, the government's goal, as it is to understand what Alitalia's current members will decide, will be to minimize the costs for Italian citizens and travelers."
No win opens a complex scenario. The next plenary meeting convened for Thursday should deliberate on a special extraordinary administration request. Probably the joint release of the members to actually hand over the company's keys to the government.
Formalized the request, the Ministry of Economic Development would proceed with the appointment of one or more commissioners (up to 3). Without buyers or new lenders to the commissioner, he would not lastly ask for the bankruptcy of the company, with the consequent declaration of insolvency by the Court of First Instance. The bankruptcy trustee would begin the liquidation procedure, with 2 years of integration, Naspi and therefore unemployment for workers, at the same time the cessation of the company's assets 'sting'.