Source : ATW Daily
"Air France KLM remains interested in acquiring 20%-25% in the new Alitalia as well as the Austrian government's 41.6% stake in Austrian Airlines Group, Chairman and CEO Jean-Cyril Spinetta confirmed. "We would be willing to invest about €200 million ($253.8 million) [in Alitalia] through a capital increase," he told ATWOnline last week. The Compagnia Aerea Italia investor group, which was cleared by the Italian government to take over AZ for €1.05 billion, has not announced its choice of international partner (ATWOnline, Nov. 19). The new airline, which will incorporate Air One, reportedly may be ready to commence operations as early as Dec. 1." next.
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