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Air France confirms merger agreement with KLM

Paris, France - Alitalia began discussions to join them

The deal will have as a result the world's third largest airline after US carriers Delta and American Airlines, but the two carriers will keep their separate identities because of existing bilateral agreements between their respective governments and third countries specifying flight conditions. KLM, still to officially confirm the deal, is assessed at EUR 784m and Air France will have the majority...

AVIONEWS - World Aeronautical Press Agency - 53080

AVIONEWS - World Aeronautical Press Agency
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