A joint bid between Delta Air Lines and the Air France-KLM Group to take over Italy’s new national flag carrier could have been dealt a fatal blow after Italian voters elected the country’s first-ever female Prime Minister.
The Delta consortium won the right to hold exclusive talks with the Italian government on a takeover of Italy’s ITA Airways last month, but that deal was struck with the outgoing Mario Draghi-led administration.
Draghi had been keen to…