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

Friday, July 28th 2017 - 12:19 UTC

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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. Read full article

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Schindler
With its stake in Air France-KLM Delta is expanding in the trans Atlantic routes.
Jul 29th, 2017 - 02:55 am - Link - Report abuse 0
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