Air France-KLM seen in pole position for Alitalia takeover
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Air France-KLM appeared best placed to buy Alitalia, ahead of Italian company Air One, as Alitalia's board prepared to meet on Friday on which rescue plan to recommend to the government.
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The French government has announced its selling 17.7 percent of Air France-KLM Group, the manager of the sale said. France is going to sell â¬693 million of the Europe&#39;s biggest airline, or $922 million of
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Officials in northern Italy are uniting in opposition to Air France-KLM's bid for ailing Alitalia SpA, which would make Rome the nation's only hub at the expense of Milan.
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Alitalia's suitors Air France-KLM  and Air One each detailed plans which could nearly double its  capital and promised it new planes on Monday, a day before the  indebted airline's board meets to pick a partner.
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Alitalia's board of directors met on Tuesday to debate which of two rival bidders -- the Italian airline Air One or the European giant Air France-KLM -- is better placed to rescue the near-bankrupt national flag carrier.
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PARIS: Europe&#39;s largest carrier Air France-KLM joined rivals yesterday in raising its ticket prices to offset soaring jet fuel costs, but a leading bank questioned how effective the surcharges would be in protecting airline profits.
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Air France-KLM's bid for Italy's state-controlled airline, Alitalia, has triggered a frenzy of holiday lobbying by powerful opponents who want Rome to reject an offer they say harms national interests.
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ROME The survival of Italy&#39;s flag carrier will be at stake on Monday when Alitalia meets its unions to reveal how many jobs it intends to cut in a restructuring aimed at averting collapse.
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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 chairman Jean-Cyril Spinetta said he had held very "useful and positive" talks here Wednesday on his company's planned takeover of Alitalia, the struggling Italian airline.
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The French government said Thursday it is selling a 17.7 percent stake in Air France-KLM, the world's largest airline, in a move that will help the state reduce its debt and scale back its influence on the Franco-Dutch carrier.
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France may push to merge EADS with Thales.
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Air France-KLM  on Thursday posted a 32.5 percent rise in 2006-07 operating profit, led by passenger traffic growth, and announced a plan to save 1.4 billion euros over three years, boosting its shares.
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Aug. 18 (Bloomberg) -- Air France and its KLM Royal Dutch Airlines NV unit are imposing fare surcharges to help pay for higher fuel costs, following similar moves by British Airways Plc and Deutsche Lufthansa AG, amid record-high crude oil prices.
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A â¬700 million (Â£484 million) stake in Air France-KLM was put up for sale by the French Government yesterday, as part of an effort to more than halve its holding in the carrier to below 20 per cent.
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Air France-Klm e compagnia bandiera perdono in borsa
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LONDON (CBS.MW) - Speculation grew Friday that the French government is actively working to create a European defense giant to better compete with Boeing after a French newspaper said EADS is nearing a take-over of Thales.