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Privatization of Air France has been delayed

Paris, France - The market is not good

The French state sold off yet its Renault share and is ready to give financial aid to Alstom group; but it decided to be careful in the privatization of Air France. The operation was approved by general assembly on July 10 but, as Economy and Financial Minister, Francis Mer, reported to "Le Monde", market condition are not good to privatize the French carrier and it is safer to wait for better times....

AVIONEWS - World Aeronautical Press Agency - 48953
Rome, Italy, 08/08/2003 12:25
AVIONEWS - World Aeronautical Press Agency

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