Share

FIRSTonline Banner

Alitalia: for the alliance Air France is asking for a reorganisation

Alexandre de Juniac, CEO of the Franco-Dutch company, insists: "Our conditions for the alliance are on the table and must be strictly respected" - "The alliance is more convenient for them than for us" - After the refusal to join the capital increase by Alitalia, the share of Air France-Klm was diluted to 7%.

Alitalia: for the alliance Air France is asking for a reorganisation

Air France keeps the doors open to Alitalia, but insists on the reorganization of the Italian company, also in view of a possible entry into the capital by Etihad Airways. In an interview with the Financial Times, Alexandre de Juniac, CEO of the Franco-Dutch group, reiterated the conditions set by Air France for an alliance which, in his opinion, "is more convenient for them (Alitalia-ed) than for we".

"I keep the conditions on the table," said de Juniac, who demands that these conditions be "strictly respected." “I think we are a more important partner for them than they are for us – continued the manager -. If the ties were broken it would be harmful for both, but it would probably be more harmful for Alitalia". The share of Air France-Klm in Alitalia, after the refusal of the Franco-Dutch company to participate in the capital increase, was diluted from 25% to 7%.

comments