Delta Air Lines: no intention of making a financial investment in ITA Airways at this time
Reuters
Published Aug 31, 2022 01:19PM ET
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.
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Written By: Reuters
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