Advertisement
Canada Markets closed

  • S&P/TSX

    22,814.81
    +206.78 (+0.91%)
     

  • S&P 500

    5,459.10
    +59.88 (+1.11%)
     

  • DOW

    40,589.34
    +654.27 (+1.64%)
     

  • CAD/USD

    0.7230
    -0.0005 (-0.0687%)
     

  • CRUDE OIL

    76.44
    -1.84 (-2.35%)
     

  • BTC-CAD

    93,895.06
    +2,346.16 (+2.56%)
     

  • CMC Crypto 200

    1,373.41
    +42.80 (+3.22%)
     

  • GOLD FUTURES

    2,385.70
    +32.20 (+1.37%)
     

  • RUSSELL 2000

    2,260.07
    +37.09 (+1.67%)
     

  • 10-Yr Bond

    4.2000
    -0.0560 (-1.32%)
     

  • NASDAQ

    17,357.88
    +176.16 (+1.03%)
     

  • VOLATILITY

    16.39
    -2.07 (-11.21%)
     

  • FTSE

    8,285.71
    +99.36 (+1.21%)
     

  • NIKKEI 225

    37,667.41
    -202.10 (-0.53%)
     

  • CAD/EUR

    0.6654
    -0.0013 (-0.19%)
     

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

Reuters
Updated ·1 min read

CHICAGO (Reuters) - 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.

(Reporting by Rajesh Kumar Singh; Editing by Chris Reese)