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Air France-Alitalia to exchange each other shares

Paris, France - Agreement before the end of next summer

During Summer Program 2002 presentation, Air France marketing and network general manager Bruno Matheau, confirmed that Alitalia and Air France "before Summer 2002 will be ready to proceed with foreseen exchanges both in shares and in executive board members". It should be just a matter of time, but as Philippe Hache, Air France vice president, reminded "future alliance will depend on Alitalia privatization...

AVIONEWS - World Aeronautical Press Agency - 24191

AVIONEWS - World Aeronautical Press Agency
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