Italian minister backs Air France-KLM
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Italy's economy minister said Friday he backed Air France-KLM as the preferred bidder for the government's stake in troubled national carrier Alitalia.
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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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Italian prime minister wins chamber of deputies backing but faces closer decision in senate
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BRUSSELS A four-year plan to rescue Alitalia will get the approval of the European Commission, as long as it does not bank on any new money from the Italian government, the commission said Tuesday.
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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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France urged the international community on Friday to back a new national unity government formed by rival Palestinian factions and other EU countries were cautiously positive on the accord.
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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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Air France-KLM is not interested in buying a stake in Alitalia, which is being privatised by the Italian government, Air France-KLM chief executive Jean-Cyril Spinetta said on Thursday.
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The French government is selling 17.7 percent of Air France-KLM Group, Europe&#39;s biggest airline, taking advantage of an increase in the carrier&#39;s shares as oil prices decline, the managers of the sale said on Thursday.
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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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The German finance ministry has said it supports French socialist politician Dominique Strauss-Kahn as a candidate for the post of head of the International Monetary Fund.
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Now, Air France is talking with Alitalia.
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The EU has welcomed the approval of a rescue plan for Italy&#39;s Alitalia, but shares in the loss-making airline have fallen as union and competitor
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Italian Foreign Minister Massimo D'Alema on Europe's role in U.N. efforts to keep peace in Lebanon
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Alitalia management and flight attendants struck a crucial deal on job cuts that would allow the struggling airline to keep flying, but management still needs to win government support for its overall strategy.
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Air France-KLM could invest 6.5 billion euros (9.4 billion dollars) in Alitalia under a takeover plan which would see up to 2,000 jobs cut at the struggling Italian flag-carrier, a report said Friday.
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ROME : Alitalia management and flight attendants struck a crucial deal on job cuts that would allow the struggling airline to keep flying, but management still needs to win government support for its overall strategy.