Air France KLM confirmed yesterday that it is looking at Iberia as a possible merger target as it revealed its aspiration to participate in Europe's continuing airline consolidation. "Air France KLM, the world's leading airline group in terms of turnover, once again confirms its intention to take an active part in the consolidation process in the air transport industry," it said in a statement. "In Europe, Spain is a one of the major markets and Iberia an important player in air transport. ...

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