News Air France-KLM announces conditional bid for Alitalia

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Air France-KLM announces conditional bid for Alitalia

Air France-KLM has confirmed that it will go ahead and offer to take over troubled Italian carrier.

Air France-KLM has confirmed that it will go ahead and offer to take over troubled Italian carrier Alitalia but has put certain conditions on the bid, Reuters reports.

The French firm says that it will only proceed with the deal if Italian labour unions are on board – as they are prone to regular strike action.

"The integration of Alitalia in the Air France-KLM group will reinforce its position as a European leader and also will allow Alitalia to recover its status of being a national leader," it said in a statement.

The deal would see Air France-KLM further its current standing as the largest airline on the continent but could see 1,700 job losses.

Speaking to Reuters, an official at one of Alitalia’s unions said: "It all depends on the contents of the offer.

"What we cannot accept is a take-it-or-leave-it attitude."

Figures released earlier this week show that passenger numbers for Air France-KLM rose 3.7 per cent in February.

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