Nearly bankrupt Italian carrier Alitalia has agreed to be bought by Air France-KLM, the world's biggest airline by revenue, for a smaller-than-expected sum of $184 million (91 million pounds) and a pledge to buy back bonds.
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Alitalia agrees sale to Air France-KLMPosted by UK Economy News
In UK financial news
16Mar 08 Nearly bankrupt Italian carrier Alitalia has agreed to be bought by Air France-KLM, the world's biggest airline by revenue, for a smaller-than-expected sum of $184 million (91 million pounds) and a pledge to buy back bonds.
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