Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Alitalia plans to scrap deal with Air France-KLM

Share this article

Alitalia plans to scrap deal with Air France-KLM
Alitalia said on Tuesday it will not be renewing a partnership deal with Air France-KLM when it expires in 2017. Photo: Vincenzo Pinto/AFP
08:29 CEST+02:00
Alitalia said on Tuesday it will not be renewing a partnership deal with Air France-KLM when it expires in 2017 because it is "no-longer beneficial."

Alitalia, which was rescued by Etihad Airways in a merger deal at the end of last year, said the original agreements concluded in 2009 and 2010 were done "under very different economic circumstances."

"These agreements are no longer beneficial, either commercially or strategically, to the new Alitalia and its ambitious turnaround plan," Alitalia chief executive Silvano Cassano said in a statement.

"They were negotiated when Alitalia was in a very different position, with the result that the agreements in their current forms favour the other party," he said.

Cassano said Alitalia remained open to further discussion on finding "a mutually acceptable solution" but the contracts would not be renewed under the present terms.

Get notified about breaking news on The Local

Share this article

From our sponsors

Change the world with a master's degree from Sweden's Linköping University

Master's students at world-leading Linköping University (LiU) aren't there simply to study. They solve real-world problems alongside experts in fields that can create a better tomorrow. Do you have what it takes to join them?

Advertisement