Airline

Air France-KLM to buy Alitalia?

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Air France-KLM to buy Alitalia?

French newspaper La Tribune reports that Air France KLM intends to buy Alitalia next year in a share swap transaction. However, the airline group’s poor results (see top) shows a dire need for Air France-KLM to return to profitability to boost its share price before such a deal can take place. The...

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