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

Delta Air Lines: no intention of making a financial investment in ITA Airways at this time - Copyright Thomson Reuters 2022

By Reuters

Published on 01/09/2022 - 16:10 GMT+2

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CHICAGO - Delta Air Lines Inc on Wednesday said it currently has no intention of making a financial investment in ITA Airways.

The comments from a spokesperson of the Atlanta-based carrier came after Italy's government picked a bid by U.S. private equity fund Certares and backed by Air France-KLM and Delta to start exclusive talks over a majority stake in ITA Airways.

"We are delighted with the Italian Government's decision to move forward with the bid by Certares supported by Air France-KLM and Delta," the company's spokesperson said.

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

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