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Stock Market & Financial Investment News

News Breaks
January 23, 2014
06:21 EDTAFLYYAir France-KLM may reinvest in Alitalia, Reuters reports
Air France-KLM CEO Alexandre de Juniac says he will consider reinvesting in the troubled Italian airline Alitalia if the conditions it set for its restructuring are met, reports Reuters. Reference Link
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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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