Here's a "surprise:"
Alitalia to leave the Transatlantic JV by 2017.
Alitalia said the Air France-KLM partnership and ancillary joint venture (JV) agreements were signed “under very different economic circumstances...
These agreements are no longer beneficial, either commercially or strategically, to the new Alitalia” Alitalia CEO Silvano Cassano said.
As part of its reinvention, Alitalia has joined Etihad Airways’ network of equity partners...
Now what?
Cheers
George