Homer
Medlem
Air France-KLM today announces a further major step in the strengthening of its strategic partnerships with, firstly, the creation of a single global joint-venture between Air France-KLM, Delta Air Lines (Delta) and Virgin Atlantic and, secondly, the strengthening of its partnership with China Eastern Airlines (China Eastern).
These two commercial alliances will be strengthened by equity investments:
Air France-KLM will acquire Virgin Group’s 31% stake in Virgin Atlantic for around £220 million.
Delta and China Eastern will each acquire a 10% stake in Air France-KLM by subscribing new shares through capital increases totalling €751 million.
Air France-KLM strengthens its strategic partnerships | Air France KLM
Strengthening of Transatlantic Partnerships
These two commercial alliances will be strengthened by equity investments:
Air France-KLM will acquire Virgin Group’s 31% stake in Virgin Atlantic for around £220 million.
Delta and China Eastern will each acquire a 10% stake in Air France-KLM by subscribing new shares through capital increases totalling €751 million.
Air France-KLM strengthens its strategic partnerships | Air France KLM
Strengthening of Transatlantic Partnerships