"Up to tomorrow (Sunday) we have guaranteed flights, but not on Monday because no-one will supply us with kerosene," Fantozzi reportedly said after summoning the nine unions for last-ditch talks to save the airline.
He also warned that with no agreement he would be obliged to start the procedure for dismissing the crews of aircraft currently not being used by the company.
Investors who were prepared to put up one billion euros (1.4 billion dollars) to rescue Alitalia said Friday they were pulling out of negotiations, blaming union intransigence.