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Aircraft and finance. Air France says officially no to Alitalia's capital increase

Paris, France - The two companies will remain commercial partners

"Air France-KLM will not subscribe to the capital increase [of Alitalia]". With these words the French-Dutch group, confirming rumours which leaked during the past days, communicated its intention of not providing the 75 million Euros relative to its 25% stake in the main Italian carrier. The plan aimed to reduce costs which was presented yesterday, Wednesday 13 November, by Chief Executive Officer...

AVIONEWS - World Aeronautical Press Agency - 1156473

AVIONEWS - World Aeronautical Press Agency
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