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Alitalia's CEO says airline could join Air France/KLM merger in 2005

Airline Industry Information, Nov 21, 2003

AIRLINE INDUSTRY INFORMATION-(C)1997-2003 M2 COMMUNICATIONS LTD

Alitalia's CEO has said that 2005 would be a "reasonable" time for the Italian carrier's entry into the announced merger between Air France and KLM Royal Dutch Airlines.

The CEO and the carrier chairmen had both previously spoken of spring or early summer 2004 as the target date for entry in the merger, however this target date has now been pushed back.

Air France and KLM want Alitalia to regain financial health and be privatised before it joins the merger, Reuters reported.

((Comments on this story may be sent to aii.feedback@m2.com))

COPYRIGHT 2003 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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