Air France-KLM to bid for Alitalia
Air France-KLM has been given permission by its management board to make a conditional offer for the Italian airline Alitalia. The offer will be made on Friday and is dependent on a number of conditions including the support of the trade unions, reports Tuesday’s Financieele Dagblad.
Alitalia currently loses €1m a day, says the paper, and relies on support from the Italian government which holds nearly half the shares.
Air France-KLM is particularly interested in the lucrative landing rights in Italy.
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