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Air France-KLM begins Alitalia talks

23 November 2006

Air France-KLM Chief Executive Jean-Cyril Spinetta said Thursday the airline recently began talks with Alitalia SpA that may lead to the opening of merger discussions.

Spinetta said merger talks will go ahead on three conditions: a confirmation of Alitalia’s financial turnaround, the assurance that both companies share a strategic vision and the determination of potential synergies from a merger.

source: MSN

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