KLM, Alitalia to seal joint-venture pact
Article Abstract:
KLM Royal Dutch Airlines and Alitalia are close to reaching a joint venture agreement. The joint venture will bring about the integration of many of the carriers' main operations. The joint venture will also make it possible for Alitalia to join in the Northwest-KLM joint venture. KLM could make an investment in Alitalia when the Italian-based carrier is privatized in the year 2000.
Comment:
KLM Royal Dutch Airlines and Alitalia close to reaching joint venture agreement
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Alitalia and KLM seal joint-venture agreement
Article Abstract:
KLM and Alitalia have reached an agreement on a joint venture that will fully integrate both carriers' international operations under single management. The joint venture agreement opens the door to a eventual merger between KLM and Alitalia. The joint venture will become effective on November 1, 1999. Both carriers' passenger and cargo operations will be merged under the deal.
Comment:
KLM and Alitalia reach jt vtr deal that will fully integrate both carriers' international operations under single management
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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