Air France In Talks With Alitalia On Tie-Up
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Air France KLM said on Thursday it was in exploratory tie-up talks with Alitalia at the request of the Italian airline.Comment
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MILAN Alitalia&#39;s management and unions representing its cabin crews edged toward an accord Friday night on job cuts and working conditions in an effort to save the national carrier from collapse.
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Unions and executives at Italy's Alitalia reach a deal with the government on layoffs, opening the way for a wholesale restructuring.
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Alitalia picks Air France-KLM as its top bidder, clearing the way for takeover talks to move ahead.
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The telecommunications company is said to be in negotiations, in what may be the latest round of deal making in its industry.
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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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Alitalia management and unions representing cabin crews agreed to parts of a deal that, if finalised, could allow approval of an overall rescue plan, union sources said.
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Struggling Italian flagship carrier Alitalia held late-night talks Tuesday with the government and labor unions on how to help employees whose jobs will be slashed under a plan to save the airline, news reports said.
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MILAN A day after getting its pilots to agree to pay cuts and longer hours, Alitalia took another step on Wednesday toward avoiding bankruptcy as the Italian state-run airline neared an accord with its flight attendants and ground workers.
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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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Alitalia headed into eleventh-hour talks with unions to clinch plans to avoid bankruptcy, after winning a key deal with pilots.
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Air France-KLM said Tuesday that chairman Jean-Cyril Spinetta will meet the head of Alitalia, Maurizio Prato, in Rome to begin discussions on its planned takeover of the ailing Italian carrier.
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European leaders are concerned over job cuts German and French leaders are in talks to address how an overhaul of Airbus will affect their respective countries and try to resolve their differences.Comment
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Air France-KLM reveals that its offer for the Italian airline Alitalia is to be structured as a share swap.
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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 toy but reaffirmed conditions for a deal.Comment
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Reported plans for a tie-up linking the European Aeronautic, Defence and Space Company (EADS) and French electronics group Thales, currently a point of contention between France and Germany, would enable the ...
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Alitalia's board of directors said Friday it had advised the Italian government to pursue an offer by Air France-KLM to rescue the near-bankrupt airline with a long-term investment of 6.5 billion euros (9.3 billion dollars).