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Another pointer at the merger:
NEW YORK (Reuters) - Air France-KLM Group (AIRF.PA: Quote, Profile, Research), Europe's biggest airline, plans to invest in a combined Delta Air Lines (DAL.N: Quote, Profile, Research) and Northwest Airlines (NWA.N: Quote, Profile, Research) carrier in exchange for a board seat, Bloomberg said on its Website on Wednesday.
The size of Air France's potential stake has not been set yet, Bloomberg said, citing people familiar with the matter.
Industry experts have been expecting Air France-KLM, which already has a marketing partnership with Delta and Northwest as part of SkyTeam global alliance, to provide strategic or financial help to the two U.S. airlines.
SkyTeam's chairman and the Air France vice chairman, Leo van Wijk, said in January his Paris-based carrier would do "whatever is possible" to aid the merger.
A merger between Delta and Northwest could be announced in the next few weeks as Northwest pilots review details of a proposed deal, people briefed on the situation told Reuters on Monday.
Northwest's Air Line Pilots Association had been provided with details of what a combined carrier would look like, a person briefed said.
Delta and Northwest have agreed on major terms for a tie-up, including keeping Delta's name and Atlanta headquarters and having Delta Chief Executive Officer Richard Anderson run the combined carrier, Bloomberg said in its report.
The Wall Street Journal last month had reported that Air France-KLM could invest nearly $1 billion (509 million pounds) in a combined carrier, citing people familiar with the situation.
The size of Air France's potential stake has not been set yet, Bloomberg said, citing people familiar with the matter.
Industry experts have been expecting Air France-KLM, which already has a marketing partnership with Delta and Northwest as part of SkyTeam global alliance, to provide strategic or financial help to the two U.S. airlines.
SkyTeam's chairman and the Air France vice chairman, Leo van Wijk, said in January his Paris-based carrier would do "whatever is possible" to aid the merger.
A merger between Delta and Northwest could be announced in the next few weeks as Northwest pilots review details of a proposed deal, people briefed on the situation told Reuters on Monday.
Northwest's Air Line Pilots Association had been provided with details of what a combined carrier would look like, a person briefed said.
Delta and Northwest have agreed on major terms for a tie-up, including keeping Delta's name and Atlanta headquarters and having Delta Chief Executive Officer Richard Anderson run the combined carrier, Bloomberg said in its report.
The Wall Street Journal last month had reported that Air France-KLM could invest nearly $1 billion (509 million pounds) in a combined carrier, citing people familiar with the situation.
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