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Alitalia loses its final suitor, while Iberia might gain another: Air France-KLM plays key role in shakeout; Italy's auction problem

Alitalia loses its final suitor, while Iberia might gain another: Air France-KLM plays key role in shakeout; Italy's auction problem

Authors :
Kahn, Gabriel
Patrick, Margot
Stone, Rod
Source :
Wall Street Journal. Europe. July 18, 2007, C2
Publication Year :
2007

Abstract

AP Holding S.p.A. withdrew from the auction of Alitalia Linee Italiane S.p.A., after announcing it was unable to comply with the Italian government's conditions. Rome has approached Air France KLM S.A. regarding the purchase of Alitalia, but Air France KLM has instead made an offer for Spanish airline Iberia Lineas Aereas de Espana S.A.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.166522673