Air France-KLM ready to invest 9.4 bln dlrs in Alitalia: report
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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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DaimlerChrysler  (DCXGn.DE) could announce the transfer of shares in European  aerospace group EADS   to a financial  consortium as soon as Friday, industry sources said.
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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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After winning union backing for job cuts, Alitalia gave formal approval Monday to a four-year business plan aimed at saving the near-bankrupt Italian carrier from collapse.
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Europe's biggest airline Air France-KLM has doubled its net profit in the first quarter of its financial year but poured cold water on rumours that it was preparing to rescue struggling Italian rival Alitalia.
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The French government said it would sell part of its 44 percent stake in Air France-KLM, the recently combined airline group.
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Air France-Klm e compagnia bandiera perdono in borsa
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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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Alitalia directors were expected to give formal backing to a four-year rescue plan that will free up a 400-million euro (486-million-dollar) state-backed loan to keep the carrier aloft.
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"The goal is to make the new Alitalia number four in Europe, a company that should reach financial equilibrium by 2009 and begin turning a profit in 2010."  Italy's Air One and European giant Air France-KLM on Monday unveiled details of their rival bids for Alitalia, with both proposing a major overhaul of the near-bankrupt Italian flagship's ageing fleet. via The Tocqueville Connection
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A new low-cost tourist airline being created by Air France-KLM will launch by next June and will compete with budget carriers flying to dozens of Mediterranean destinations, the company said.
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Air France-KLM plans to keep Alitalia  (AZPIa.MI) as a separate company overseen by a board of  trustees once it has taken over the Italian airline, according  to a news report on Sunday citing details of the French offer.
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Air France-KLM  could provide  strategic or financial help in Delta Air Line Inc's   pursuit of a merger with another airline, The Wall Street  Journal reported on Thursday.
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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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ROME/MILAN  - Air France-KLM  has bid 35 euro cents per share for ailing Italian airline Alitalia  while an offer from domestic carrier Air One is one euro cent per share, a source close to the talks said on Friday.
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Air France KLM on Thursday reported second quarter operating earnings up 7.8 percent to 568 million euros ($731 million) and hiked its merger synergy targets as it remained confident on full-year earnings.
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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.