25-Nov-2010 7:45 AM

Alitalia doesn't rule out merger with Air France-KLM

Alitalia Chairman Roberto Colaninno stated he does not rule out a merger with Air France-KLM Group once the carrier improves its profitability stating: "Our goal is to make the company profitable, then we'll tak about other plans. In life, I don't exclude anything" (Bloomberg, 25-Nov-2010). It was previously reported that CEO Rocco Sabelli also favours a merger with the carrier while Air France CEO Pierre-Henri Gourgeon earlier this month stated Air France has no immediate plans to increase its stake in Alitalia.