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Air France/KLM take Alitalia stake

•Thursday, 26 March 2009•3 min read

Air France/KLM has finalised a 323 million euro deal for a quarter stake in Alitalia.

The deal for 25% of the Italian flag carrier follows approval by competition authorities.

The minority sahreholding gives the Air France/KLM group greater access to the Italian market following Alitalia’s acquisition of Air One which reinfoces its position in domestic routes.

by Phil Davies