Air France-KLM mulls Iberia bid
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Air France-KLM confirms it is looking at the possibility of joining forces with Spanish airline Iberia.
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New PARIS: French-Dutch carrier Air France-KLM is in discussions with Italian airliner Alitalia for a possible merger, the former's chief executive officer Jean-Cyril Spinetta revealed.Comment
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EuropeÂs biggest airline said Thursday that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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Air France KLM said on Wednesday it would slash KLM ticket prices to all 66 European destinations from Amsterdam by around 40 percent on Jan. 1 in an attempt to compete more effectively with low-cost carriers.
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Germany's biggest airline Lufthansa on Friday denied Spanish press reports that it was preparing a takeover bid for Spanish national carrier Iberia.
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Air France KLM AIRF.PA said on  Wednesday it would slash KLM ticket prices to all 66 European  destinations from Amsterdam by around 40 percent on Jan. 1 in  an attempt to compete more effectively with low-cost carriers.
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Air France-KLM on Monday detailed its offer to buy all of Alitalia , confirming details given on Sunday by its chairman to Italian newspapers.
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French airline Air France-KLM said Wednesday that it was open to takeover talks with Italy&#39;s troubled Alitalia carrier, which is seeking a buyer, and with Iberia of Spain.
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British Airways is in prime position for Europe's most attractive potential airlines merger but analysts say strict ownership laws bar any speedy deal with Spain's Iberia.
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Air France KLM , under pressure  from Rome to commit to a merger with Alitalia, announced  exploratory talks with the ailing carrier on Thursday but  reaffirmed conditions for a deal.
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The Spanish airline Iberia, currently tied up with British Airways, says it would also consider an alliance with Air France-KLM or Lufthansa of Germany.
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Air France-KLM said Monday it had offered to take over Alitalia via a share swap, planning a major upgrade of the loss-making Italian flag carrier.
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French airline Air France-KLM is preparing a takeover offer for Spanish peer Iberia with several Spanish partners who will take a majority stake in the group, a Spanish newspaper reported on Wednesday.
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Air France-KLM, the world's largest airline by revenues, came a step closer Friday to controlling the near-bankrupt Alitalia after Italy's finance minister said it could begin exclusive takeover talks.
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PARIS/LONDON  - British Airways'  chief executive shrugged off rivalry from Air France KLM for Iberia , saying he was confident BA's 3.4 billion euro ($4.69 billion) bid with private equity firm TPG was fair value.
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Pour la convenance, naturellement Air France and KLM have launched a mobile phone check-in service using SMS for confirmation.â¦
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The Italian government said Wednesday it would decide by mid-January which of two contenders should take over Italy's ailing flag carrier Alitalia -- European giant Air France-KLM or Italy's Air One.