Air France-KLM to invest in Delta-Northwest: report
NEW YORK (Reuters) - Air France-KLM Group , Europe's biggest airline, plans to invest in a combined Delta Air Lines Inc and Northwest Airlines Corp carrier in exchange for a board seat, Bloomberg said on its Website on Wednesday.
The size of Air France's potential stake has not been set yet, Bloomberg said, citing people familiar with the matter.
Industry experts have been expecting Air France-KLM, which already has a marketing partnership with Delta and Northwest as part of SkyTeam global alliance, to provide strategic or financial help to the two U.S. airlines.
