Air France-KLM Agreed to Pay $432 million for Alitalia
January 13, 2009 | Airline Industry, Airlines Companies, Aviation, Trading & Market
Air France-KLM Group, Europe’s biggest airline, agreed to pay 323 million euros ($432 million) for 25 percent of Alitalia SpA, beating Deutsche Lufthansa AG for a stake in the reorganized Italian carrier.
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Italia Airlines Company, Alitalia to Meet to OK Air France Deal
January 8, 2009 | Airline Service, Airlines Companies, Aviation, Trading & Market
Alitalia’s board will meet on Monday to approve the sale of a minority stake to larger rival Air France-KLM after months of negotiations, a source close to the Italian airline said on Thursday. Read more
