Financial Times FT.com

Air France-KLM rekindles interest in Alitalia

By Guy Dinmore in Rome

Published: August 28 2008 18:04 | Last updated: August 28 2008 18:04

Air France-KLM has expressed interest in taking a minority stake in Alitalia once the lossmaking Italian flag carrier is sold by the government and a slimmed-down airline is relaunched by a group of Italian investors, sources close to the consortium said on Thursday.

The consortium was given a boost after a “very positive” meeting with Air France-KLM in Paris on Wednesday, sources acting for the investors said. They added that this could lead to a strategic partnership and Air France-KLM taking a minority stake.

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