AirFrance-KLM to cut Alitalia fleet size by 50 and to shut down Alitalia Cargo
Air France-KLM, the world’s biggest airline, is expected to close down Alitalia’s cargo operations if its takeover bid for the ailing Italian carrier succeeds.
The Franco-Dutch airline made a 138-million euro [$215-million] offer for Alitalia over the weekend which the state-controlled Italian airline immediately accepted even though it was an 80-percent discount to its share price […]
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