Air France CEO Spinetta sees Alitalia talks starting 'in coming weeks' |
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Published
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Wed, 17 Oct 2007 10:02
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PARIS (Thomson Financial) - Air France-KLM CEO Jean-Cyril Spinetta said he expects talks on a possible deal to take a stake in Alitalia to begin 'in the coming weeks'.'We are on the shortlist that has been issued along with others,' Spinetta said, confirming that talks have not yet begun.Spinetta confirmed that he told analysts at an investor day on Monday that the effect of a deal would be 'positive' and he was hoping for 'some tens of billions of euros of additional profitability' from the deal.helen.beresford@thomson.comhem/bsdCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Air France-KLM says any Alitalia alliance should not to be a rescue 