Air France-KLM writes off the value of its 25% share in Alitalia

Air France-KLM Group (Air France and KLM Royal Dutch Airlines) (Paris and Amsterdam) have written off the value 25 percent stake in Alitalia (2nd) (Rome) yesterday (October 30) raising doubt over its willingness to invest further in the struggling carrier according to this report by Reuters.

Air France-KLM posted a 119 million euro charge for its 25 percent stake in Alitalia.

What is the future for Alitalia with Air France and KLM?

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Copyright Photo: Pepscl/AirlinersGallery.com. Air France’s Airbus A321-111 F-GMZB (msn 509) taxies at Paris (Orly).

Air France: AG Slide Show

KLM: AG Slide Show

Alitalia: AG Slide Show