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Accor confirms interest in Air France-KLM

Monday, 4 June 20183 min read

AccorHotels has said it is looking again at buying a stake in Air France-KLM.

French newspaper Les Echos says the French government is considering selling its 14.3% stake in the troubled airline and had ‘received interest’ from Accor.

The hotel company said it had held discussions over the past few years with the airline.

It added: "AccorHotels confirms having resumed its reflections on the matter, being at a very early stage of asessing the feasibility and potential terms and conditions which wll be discussed with Air France-KLM in due time.

"There is no certainty that these initiatives will lead to any agreement nor any form of implementation."

According to Reuters, Les Echos cited unnamed sources who said the government would look seriously at a sale, but had not made a firm decision on what to do with its shares.