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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Air France KLM Group

Air France KLM Group stories: 8 news summaries

 Cops Yank 
 Terror Suspects 
 off KLM Flight 

Two arrested onboard at Cologne airport

(AP) - German police commandos may have averted a terrorist attack early today when they grabbed two suspects off an Amsterdam-bound flight before the plane took off from Cologne airport, reports AP. The pair had been under observation for months and a suicide note was found in their apartment saying they wanted... More »

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Air France-KLM Pulls Offer
for Alitalia

Berlusconi scrambles as bankruptcy looms for Italian carrier

(Newser) - Air France-KLM has withdrawn its offer to buy Alitalia, leaving the cash-poor Italian carrier with few options. In a tersely worded statement, the world's largest airline said its Alitalia overture—which had been opposed by Alitalia's unions—was "no longer valid." With no suitors forthcoming and cash reserves... More »

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airline industry Italy mergers and acquisitions Silvio Berlusconi Alitalia Air France KLM Group Air France

Air France Buys Alitalia in Cut-Rate Deal

Struggling Italian carrier sells for 81% below market value

(Newser) - Embattled Italian airline Alitalia has accepted a severely discounted buyout from Air France, the BBC reports. The $1.17-billion deal, which includes both the airline and its debt, sees Air France take over the Italian carrier at 81% below company's current share price. Alitalia has been in the red for... More »

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airline industry Italy buyout Alitalia Air France KLM Group

French Seek Manslaughter Charges in Concorde Crash

Continental, others could be charged over 2000 accident that killed 113

(Newser) - A public prosecutor in France is calling for Continental Airlines to face manslaughter charges over the 2000 crash of an Air France Concorde that killed 113 people, Reuters reports. The supersonic jet crashed minutes after takeoff when a burst tire sent debris into an engine. A French investigation found that... More »

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plane crash Paris airline safety manslaughter Continental Airlines Air France KLM Group Concorde supersonic jet runway debris

Kenya Airways Halts Flights from Paris

Nation's cash cow, tourism, is reeling in wake of violence

(Newser) - Plummeting tourism in the wake of January's post-election violence and France's sweeping advisory against travel to Kenya have emptied airline seats, triggering the cancellation of all Kenya Airways flights from Paris to Nairobi. The cancellation, which begins Feb. 26, will disrupt travel to other African destinations, including Congo and Rwanda. More »

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Africa Kenya Kenya Airways travel ban air travel Air France KLM Group Kenya's economy

Delta-Northwest Merger Close to Takeoff

Boards meet tomorrow to vote on plans that would create world's largest airline

(Newser) - Directors at Delta and Northwest meeting tomorrow could announce a marriage of the two airlines by day’s end if a crucial deal with the airlines’ 11,000 unionized pilots can be reached, reports the Wall Street Journal. The resulting company would be the largest airline in the world,... More »

Italians Fuss Over Airline Takeover

Lobbyists take nationalist stance against deal with Air France-KLM

(Newser) - News that Italy's national airline, Alitalia, is in danger of being taken over by Air France-KLM, the world's biggest airline by revenue, has sparked outrage among Italian interests who fear their local carrier will be stripped of major routes. The government promises to decide Alitalia's fate by mid-January, as politicians... More »

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Italy Rome airline Alitalia Air France KLM Group Northern League

Air France Offers Alitalia $1B  Boost

Struggling Italian airline weighs competing bids from Air France, Air One

(Newser) - Air France-KLM Group sweetened its bid for troubled Italian airline Alitalia today with a plan to raise $1.08 billion to upgrade aircraft and relaunch the brand, and a vow not to cut jobs. Air France is competing with Italy's No. 2 air carrier, Air One, to buy out the... More »

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8 Stories