WORLD NEWS & ANALYSIS
Air France-KLM Demurs
FRANKFURT Regulatory and political concerns continue to discourage transatlantic consolidation, as evidenced in Air France-KLM's decision against investing in a combined Delta and Northwest. Europe’s biggest airline initially planned to inject some $750 million into the merged carrier, Air France-KLM President Pierre-Henri Gourgeon confirmed earlier this year.
By JENS FLOTTAU