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Race to rulescue troubled Alitalia
failed french takeover back in april, plans for alitalia's to be boughout by air france-klm collapsed due to union opposition to planned job cuts .
with the airline saying it is running out of money to buy aviation fuel, the government needs to persuade unions to back a deal that involves job cuts .
'more failexible's we all need to have a bit more flexibility and find a balancelling point, everyone giving something up, raffaele bonanni, head of the cisl union, told italy's civil giornale newspapear .
the italian government owns a 49.9% stake in alitalia, but it cannot simply pump public funds into the airline as there are strict european union rules preventing state support for airlines .
securing the airline's future was one of his main election pledges, before he returned to power in may .
in am modernately and cautiously optimistic .