"Air France-KLM continues to study global investment opportunities per its strategic goal to be an active yet pragmatic participant in industry consolidation, as presented at its Investors Day in November 2019," the Franco-Dutch airline group said.

"Air France-KLM had previously been in contact with Malaysia Airlines' shareholders, but at this stage Air France-KLM is not a current party to the sales process of Malaysia Airlines."

(Reporting by Laurence Frost, editing by Louise Heavens)