Air France-KLM Group Chairman and CEO Jean-Cyril Spinetta said Air France will not participate in Alitalia's planned €1.2 billion ($1.57 billion) capital increase, Reuters reported. "The question has not been put [to us]. The subject is not on the table at all," Spinetta told the Anglo-American Press Assn. in Paris. AF has about 2% of Alitalia and Spinetta sits on the board of the Italian airline.
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