Air France-KLM says it's not involved in Virgin-Delta talks
PARIS (Reuters) - Franco-Dutch carrier Air France-KLM (AIRF.PA) said it is not involved in the negotiations between Virgin Atlantic VA.UL and Delta Air Lines (DAL.N) about a transatlantic joint venture.
Delta and Virgin plan to set up a revenue-sharing deal on flights between Britain and the United States if the U.S. airline buys Singapore Airlines' (SIAL.SI) 49 percent stake in the UK carrier, a source close to Virgin said.
"Air France-KLM is not involved in current negotiations between Delta and Singapore," a spokeswoman for Air France-KLM said on Monday.
(Reporting by Cyril Altmeyer; Editing by Christian Plumb)
PORCIA, Italy - The boxy white and grey factory of this rainy northern town makes fewer than half the washing machines it did when Italy joined the euro. It is one of the many symbols of Southern Europe's industrial decline.
- U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.