Air France-KLM in talks with Alitalia
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Air France-KLM said Thursday that fiscal second-quarter profit rose 26 percent, but shares of Europe's biggest airline fell as much as 8 percent after it announced tentative talks on a tie-up with Alitalia.
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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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The boss of Italy&#39;s troubled Alitalia carrier wants to see the airline&#39;s state holding sold off by the end of the year, he said in an interview published Saturday.
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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-Dutch airline Air France KLM   is planning to team up with two Spanish firms to bid  for Spain&#39;s Iberia  against a group led by private  equity group TPG, Expansion newspaper said on Wednesday.
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ROME  - With the future of Italy's flagship carrier at stake, Alitalia began crucial talks with unions Monday to unveil a rescue plan - including expected layoffs - aimed at averting collapse.
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MILAN, Nov. 23 Â Air France-KLM, EuropeÂs biggest airline, said today that it had begun talks that could eventually lead to the takeover of Alitalia, the Italian carrier.
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The Italian government gives its backing to Air France-KLM's proposal to buy Alitalia.
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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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Italian airline Alitalia has reached an agreement with its cabin crews, completing negotiations aimed at avoiding the threat of collapse.
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French President Nicolas Sarkozy meets German Chancellor Angela Merkel on Monday to try to agree on who will run the troubled European aerospace group EADS, which manufactures Airbus.
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Air France-KLM's  bid for loss-making Alitalia  includes a share swap and a capital hike of 750 million euros ($1.09 billion), with up to 1,700 job cuts, Air France's Chairman Jean-Cyril Spinetta was quoted as saying.
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A possible alliance between Air France-KLM and the Italian national carrier Alitalia would not lead to cutbacks in jobs, the chief executive of Air France-KLM, Jean-Cyril Spinetta, has said.
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With the future of Italy's flagship carrier at stake, Alitalia began crucial talks with unions Monday to unveil a rescue plan &#151; including expected layoffs &#151; aimed at averting collapse.
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The Italian government approved exclusive talks between Alitalia and Air France-KLM, paving the way for the sale of the troubled national carrier.
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Air France-KLM and the financially troubled Italian airline Alitalia said they have begun tentative talks on a possible alliance, prompting Italian government suspicions about French intentions.
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French-Dutch airline Air France KLM  is planning to team up with two Spanish firms to bid for Spain's Iberia  against a group led by private equity group TPG, Expansion newspaper said on Wednesday.