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Air France sets tough terms for Alitalia: report

Published Mon, Nov 4, 2013 · 10:00 PM
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[MILAN] Air France-KLM has set tough conditions, including 5,000 job cuts, for investing more money in loss-making Italian airline Alitalia, financial daily Il Sole 24 Ore reported on Sunday.

In an unsourced report, the Italian newspaper said that Air France-KLM, which is Alitalia's biggest shareholder with a 25 per cent stake, had dictated its conditions to Italian Transpor…

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