Airline denies takeover bid

Airline denies takeover bid

The Fiji Times, 15 January 2018 – PARIS – Air France on Saturday denied that it had made an offer to buy the struggling airline Alitalia, a day after an Italian government minister said the French flag carrier had made a joint bid with budget airline EasyJet.

Italian Industry Minister Carlo Calenda on Friday said separate offers had been presented by US private equity fund Cerberus and Germany’s Lufthansa, as well as a joint Air France-EasyJet bid.

But in a statement, Air France said it had not taken part in the process launched by the Italian authorities. Read more…