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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:16 EDTAFLYYAir France-KLM says it's not buying Alitalia, Reuters reports
Air France-KLM (AFLYY) denied a report in Il Messaggero that it was in advanced talks to buy out Italian investors in Alitalia and take control of the airline, reports Reuters. The paper reported that Air France-KLM, which has held 25% of Alitalia since January 2009, would offer remaining shareholders a 20% premium on what they paid in 2008. Reference Link
News For AFLYY From The Last 14 Days
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July 2, 2015
06:32 EDTAFLYYKLM reduces number of winter season flights
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June 26, 2015
07:04 EDTAFLYYAir France denies rumor of 3,000 layoffs, Bloomberg says
Air France, the French unit of Air France KLM, denied a recent report in Le Monde newspaper that it will cut an additional 3,000 jobs and said it remains in negotiations with employees about cost cutting, Bloomberg reports, citing in an e-mailed statement from the airline. The company is in talks with flight attendants and ground staff about potential buyout packages and will only disclose its plans after the summer, the report says. Reference Link

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