Delta Air Lines: no intention of making a financial investment in ITA Airways at this time

CHICAGO – Delta Air Traces Inc on Wednesday stated it at the moment has no intention of constructing a monetary funding in ITA Airways.

The feedback from a spokesperson of the Atlanta-based service got here after Italy’s authorities picked a bid by U.S. personal fairness fund Certares and backed by Air France-KLM and Delta to start out unique talks over a majority stake in ITA Airways.

“We're delighted with the Italian Authorities’s determination to maneuver ahead with the bid by Certares supported by Air France-KLM and Delta,” the corporate’s spokesperson stated.

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