By Shane McGinley
Dutch media this week claimed Qatar Airways was also interested in a stake
Abu Dhabi flag carrier Etihad Airways has denied claims it is talks to buy a stake in Air France-KLM, Europe’s largest airline group, a spokesperson said.
“Etihad Airways has rejected reports it is in talks to buy a stake in Air France-KLM,” the spokesperson said in relation to rumours it was to add the Franco-Dutch airline group to its list of global investments.
Dutch newspaper De Telegraf claimed on Wednesday the two carriers were on a course for a link up and quoted a KLM spokesperson as saying the talks were ongoing.
The newspaper also claimed Doha-based Qatar Airways was interested in taking a stake in struggling Air France-KLM, which posted a loss of US$1bn in 2011.
The Abu Dhabi airline has been on an acquisition spree lately and has bought a 30 percent in airberlin, a 3 percent shareholding in Ireland’s Aer Lingus, 40 percent in Air Seychelles and this week snapped up a 4.99 percent in Virgin Australia.