Delta Air Lines: no intention of making a financial investment in ITA Airways at this time
2022.08.31 20:42
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FILE PHOTO: Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly
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CHICAGO (Reuters) – Delta Air Lines Inc (NYSE:DAL) on Wednesday said it currently has no intention of making a financial investment in ITA Airways.
The comments from a spokesperson of the Atlanta-based carrier came after Italy’s government picked a bid by U.S. private equity fund Certares and backed by Air France-KLM and Delta to start exclusive talks over a majority stake in ITA Airways.
“We are delighted with the Italian Government’s decision to move forward with the bid by Certares supported by Air France-KLM and Delta,” the company’s spokesperson said.
