Reuters: Bankruptcy News: Italy minister says expects Air France to up role in Alitalia

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Italy minister says expects Air France to up role in Alitalia Sep 23rd 2013, 10:20 MILAN, Sept 23 | Mon Sep 23, 2013 6:20am EDT MILAN, Sept 23 (Reuters) - Air France-KLM will strengthen its role in Italian airline Alitalia SpA, Italian transport minister Maurizio Lupi said on Monday. "I expect that Air France will strongly reaffirm that Alitalia is a strategic asset for Air France, and therefore that there will be a strengthening of Air France's role," Lupi said at the margins of an industry conference in Milan. Air France-KLM owns 25 percent of the loss-making Alitalia following the Italian firm's rescue from bankruptcy in 2008, and media reports have predicted the Franco-Dutch group will decide what to do with its stake in the coming week. (Reporting by Giulio Piovaccari, writing by Naomi O'Leary)

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