ITA Airways divestment: the position of Air France and KLM

"Air France-Klm welcomes the announcement by the Italian government to grant exclusivity to the consortium formed by Certares -as equity partner- and carriers Air France-Klm and Delta Air Lines -as commercial partners- for the next phase of negotiations for the possible acquisition of a stake held directly by the Italian government's Ministry of Economy and Finance."

So begins the note issued by the Franco-Dutch group regarding the MEF's decision to enter into exclusive negotiations for the sale of a majority stake in ITA Airways.

ITA Airways, the government has chosen: the company will be sold to Americans with Delta and Air France

"Should such a transaction be concluded, Air France-Klm would become a commercial and operational partner of the Italian airline as part of the consortium led by Certares. Air France-Klm at this stage is not investing in ITA's capital structure. However, the group may consider in the medium term to acquire a minority stake in ITA."

"Air France-Klm has a long-standing relationship with ITA and previously with Alitalia. Together with its joint-venture partner Delta Air Lines, Air France-Klm looks forward to strengthening ties with ITA and building on the existing business partnership the companies have formed, particularly through the implementation of code-share agreements and ITA's entry into the SkyTeam alliance, of which Air France-Klm and Delta are founding members."

"Air France-Klm would like to thank the Italian government for its consideration throughout the bidding process, during which Certares, Air France-Klm and Delta Air Lines particularly emphasized the strong commercial opportunities that this agreement would bring ITA upon obtaining all relevant approvals. This includes an increased presence on the North Atlantic Axis, on which Air France-Klm, Delta and Virgin Atlantic operate the largest joint venture, as well as the opportunity to build an exclusive partnership between Air France-Klm's Flying Blue, Delta's Sky Miles and ITA's Volare, one of Italy's largest 'frequent flyer' programs, for the benefit of the Italian carrier's customers."

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Italo American Express Credit Card

20€ discount directly in your statement* by spending €60 in one or more transactions with Carta on Italotreno.it

• 20€ discount directly in your statement by spending €60 in one or more transactions with Carta on Italotreno.it
• Free fee the 1st year. From the 2nd €5.50 per month
• You can choose to pay in full or in installments
• Premium level of the Italo Più program
• 4 Vouchers per year for access to Italo Club Lounges
• Preferential Access to Italo's Fast Track at the station
• For every 5 purchases of Italo ticketing and/or onboard services made with Italo American Express Credit Card you will receive 1 voucher for room upgrade

Advertising message with promotional purposes. The Option Credit Card allows you to pay your statement in installments within the limits of the overdraft granted and with interest charged. Issuance of the Card is at the discretion of American Express. For more information on economic and contractual terms and conditions consult the General Regulations and the European Basic Information on Consumer Credit by visiting americanexpress.co.uk/termsconditions. Before applying for the Card, remember to download and keep a copy of the pre-contractual and contractual documentation related to the Card you are applying for .test dfsdfdsfsdfsfdsfd

ITA Airways Platinum American Express Card

Over €3,000 in benefits¹

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• Welcome bonus of 100,000 Volare points upon reaching 6 thousand in spending in the first 3 months after card issuance
• Accumulate 1.5 qualifying Volare points for every euro spent, accumulate an additional 3 non-qualifying Volare points ( for a total of 4.5 Volare points) for every euro spent on ticketing purchases and other services offered by ITA Airways
• Access to the Premium Club of ITA Airways' Volare program.
• ITA Airways Lounge Access
• Free excess baggage
• Points Back

Advertising message with promotional purposes. See the Basic European Consumer Credit Information of Blu American Express and the Green Card and Gold Card Fact Sheets on americanexpress.com. Approval of the Cards is at the discretion of American Express. Free annual Gold Card and Green Card fees are subject to reaching specific annual spending thresholds.