Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 25th 2024 - 05:13 UTC

Tag: Air France-KLM

  • Friday, July 28th 2017 - 12:19 UTC

    Air France-KLM buys 31% of Virgin Airlines; Delta retains 49%

    Virgin Group's share will fall from 51% to 20%, while Delta will retain 49%. Sir Richard said he would remain “very much involved” after the deal.

    Air France-KLM is buying almost a third of Virgin Atlantic, leaving Sir Richard Branson's parent company, Virgin Group, with a minority stake in the airline he founded. Air France-KLM is taking a 31% stake, worth £220m, in Virgin Atlantic as part of a four-way joint-venture with US partner Delta.