Air France, Alitalia Swap Shares

Air France and Alitalia have acquired minority stakes of 2% in each other, the airlines reported. Financial details of the deal, already been approved by the airlines' supervisory boards late last year, were not disclosed. The airlines are partners in the SkyTeam alliance. "The cross-equity scheme...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.