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BRITISH AIRWAYS AND KLM CALL OFF FOR MERGER
LONDON, The two airlines have broken off talks about a long-planned merger. The Netherlands-based KLM and British Airways disclosed on June 7 that they were in negotiations. Yesterday was released a statement saying the merger plan was broken off blaming intractable and commercial issues. British Airways officials reported Klm was aiming at a total control of the resulting airline. The call off of...
AVIONEWS - World Aeronautical Press Agency