Delta, Air France-KLM Express Interest In ITA Airways: Reuters

by Shivani Kumaresan, Benzinga Staff Writer

March 10, 2022 7:12 AM | 1 min read |

Delta Air Lines Inc DAL and Air France-KLM AFRAF have expressed interest for a majority stake in ITA Airways, Reuters reported.
The expression of interest was presented to Italy's government in a letter, with another international fund also expressing the same.
The move comes after Germany's Deutsche Lufthansa AG DLAKF, along with shipping group MSC, showed interest in ITA airways.
Italy's audit court approved a government decree last week detailing ways to sell stakes in ITA Airways, paving the way to give potential suitors access to data on the company.
Price Action: DAL shares are trading lower by 1.56% at $32.25 in premarket on the last check Thursday.

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