Air France-KLM Completes Acquisition Of 25 Percent Stake in Alitalia

airfrance240

 Following Air France-KLM's announcement on January 12, and the approval of the competition authorities, the Air France-KLM Group has today completed its acquisition of a 25 percent stake in Alitalia through the subscription to a reserved capital increase for an amount of some €323 million.

This strengthened partnership cemented by Air France-KLM's minority stake in Alitalia gives Air France-KLM greater access to the Italian market thanks to Alitalia, which, following its acquisition of Air One, has reinforced its position on the domestic market.

Visit www.airfrance/us.

Read more on:

Suggested Articles:

Grand Bahama Island has already rebounded from Hurricane Dorian, United will add new service and the Jonas Brothers will play a concert. Here's more.G

Called Timeshifter, the app creates personalized plans to help travelers crossing three or more time zones. More here.

Thanksgiving travel is set to hit its highest level since 2005, according to the latest Thanksgiving travel forecast from AAA. Find out more.