SYDNEY—French hotel chain AccorHotels confirmed an interest in buying a minority stake in Air France-KLM in what could evolve into a major transformation of the struggling European legacy airline group. Accor is said to be interested in acquiring the 14.3% stake currently held by the French government. The move follows the recent departure of Air France-KLM CEO Jean-Marc Janaillac, who resigned after losing an employee vote over a new pay proposal. Janaillac’s decision to resign ...

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