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9-Jun-2010 1:36 PM

Air France-KLM focusing on cooperation rather than acquisitions

Air France-KLM President and CEO, Peter Hartman, stated the carrier is not making mergers and acquisitions a priority, and is focusing on prudent conservation of its cash balance (Dow Jones, 08-Jun-2010). Joint ventures and codeshare agreements are more likely than outright acquisitions.

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