China Eastern, Delta each take 10% stake in Air France-KLM
A number of airlines have completed a series of transactions aimed at strengthening strategic partnerships. China Eastern and Delta are each taking a 10% stake in Air France-KLM, which will in turn buy 31% of the UK's Virgin Atlantic. “This operation is an integral part of the Trust Together project, allowing Air France-KLM to regain the offensive, to reinforce its commercial integration with its principal partners and to continue improving its financial structure,” says Air France-KLM.
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