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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:45 EDTAFLYYAir France still open to investing more in Alitalia, FT says
Air France-KLM CEO Alexandre de Juniac told Financial Times that the airline is still considering investing more in its struggling partner Alitalia if restructuring conditions are met. Reference Link
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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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