KLM DENIES PRESS REPORT OF AIR ATLANTA TAKEOVER NV KLM Royal Dutch Airlines <KLM.AS> is "absolutely not" negotiating a takeover of U.S. Regional carrier Air Atlanta, a KLM spokeswoman said in a comment on an article in the leading Dutch evening paper NRC Handelsblad. "U.S. Law requires that at least 75 pct of shares in a U.S. Airline be owned by American firms or persons," the spokeswoman added. The newspaper said that Air Atlanta, which flies to 11 U.S. Cities, has a fleet of five Boeing jets with passenger capacity of 110 and employs 400 people, is making losses. She said KLM had started talks with Vendex International NV <VENN.AS> on their jointly owned courier service XP Express Parcel Systems, but declined to confirm an NRC Handelsblad report saying it wanted to buy the Vendex stake in XP. KLM said last week it is negotiating a minority stake in British courier service <IML Air Services Group Ltd>, a subsidiary of British and Commonwealth Shipping Plc <BCOM.L>, to strengthen its position in the fast-growing worldwide door-to-door delivery market. The KLM spokeswoman said she expected further announcements about the talks with Vendex to be made early next week.