Air France KLM Chairman and CEO Jean-Cyril Spinetta said the company remains very keen on participating in European consolidation, but he denied rumors the group is looking at acquiring Austrian Airlines. "I believe we have more pressing matters for the moment," he told ATWOnline at the IATA AGM in Istanbul. "We have to prepare Air France KLM for this crisis, this new environment." Some years ago, AF held a stake of about 2% in OS, which has said it is considering aligning with a larger ...

Subscribe to Access this Entire Article

"AF KLM continues to target consolidation" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.