Air France-KLM, Delta, Virgin Plan Transatlantic Joint Venture
Air France-KLM, Delta Air Lines and Virgin Atlantic are moving to create a transatlantic joint venture (JV) triad that involves Air France-KLM acquiring a 31% stake in Virgin and Delta taking a 10% investment in Air France-KLM. The complex transactions, announced July 27, would see Air France-KLM...
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