On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
73° Feels Like: 73°
Wind: SW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Mostly Sunny 77°

Tonight

Showers Late 59°

Tomorrow

Scattered Thunderstorms 81°

Alerts

Air France-KLM defers decision on Alitalia, seeks more data

An Alitalia plane passes an Air France plane on the tarmac of Charles de Gaulles International Airport in Roissy near Paris, January 8, 2013
An Alitalia plane passes an Air France plane on the tarmac of Charles de Gaulles International Airport in Roissy near Paris, January 8, 2013

PARIS (Reuters) - Air France-KLM deferred a decision on whether to offer more help for struggling Alitalia on Monday, saying it needed more information from its Italian partner's management.

Air France-KLM, which owns 25 percent of Alitalia, said a board meeting held late on Monday had discussed its own management's assessment of the airline's financial situation.

"The board considered it vital to hear the information that Alitalia's executive management should provide at a forthcoming meeting of the Italian company's board of directors," Air France-KLM said in a statement.

(Reporting by Dominique Vidalon, Editing by Tim Hepher)

Comments