AccorHotels Considers Buying Stake in Air France-KLM

AccorHotels is considering buying a minority stake in Air France-KLM, the hotel company confirmed Sunday.

"AccorHotels confirms having resumed its reflections on the matter, being at very early stage of assessing the feasibility and potential terms and conditions which will be discussed with Air France-KLM in due time," the company said in a statement.

French newspaper Les Echos reported that the French government is contemplating selling its 14.3 percent stake in Air France-KLM, and that AccorHotels is interested in buying it.