Exclusive negotiations between Air France KLM and Alitalia on a possible merger were scheduled to start yesterday following the official approval of Italian Minister of Finance Tommaso Padoa-Schoppia last Friday, according to widespread press reports. "We are very satisfied with this decision, which represents a key stage in the process, and we are committed to rapidly reaching a solid agreement that paves the way to the profitable growth of Alitalia," AF KLM Chairman and CEO Jean-Cyril ...

Subscribe to Access this Entire Article

"Air France KLM launches consolidation with AZ talks, VLM buy" 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.

Already registered? here.