• Most Popular
  • Most Shared

Air France says can bring Alitalia back to profit

Mon Dec 10, 2007 1:14pm EST

Stocks

   

ROME, Dec 10 (Reuters) - An offer by Air France-KLM (AIRF.PA) for Alitalia would bring the Italian airline back to profitability and reinforce its role as a national carrier, Air France-KLM's chairman said on Monday.

In a statement released in Rome, Jean-Cyril Spinetta, who is also the company's CEO, said he was confident that the merger with Alitalia "will be a success". Air France-KLM submitted its bid for Alitalia last week, alongside smaller Italian airline Air One and a little-known consortium led by an Italian lawyer.

(Reporting by Silvia Aloisi)



More from Reuters

Photo

Time Warner Cable, Fox at impasse; blackout looms

NEW YORK (Reuters) - About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.

» More Top News
A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Global Markets
Clients work out on machines at the Bally Total Fitness facility in Arvada, Colorado June 15, 2009. REUTERS/Rick Wilking

Get real with resolutions

We make them and we break them: The secret to keeping them is to avoid the impossible dream.  Full Article 

Lifestyle