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AIR FRANCE AND DELTA TAKE OVER BID ON AIR INDIA
NEW DELHI, The privatization of Air India is tempting Air France, that, together with Delta Air Lines, could make an acquisition offer. About 40 % of the indian airline will be placed on market by the government next week. Air France and Delta should ally with an indian airline to not overcome the block of shares provided for foreign carriers, 26%.
AVIONEWS - World Aeronautical Press Agency