Air France-KLM Agrees To E&M Financing Deal

Air France-KLM tails
Credit: Air France-KLM Group
Air France-KLM and U.S. asset management business Apollo Global Management have signed an agreement for Apollo-managed funds and entities to invest €500 million ($502 million) in an ad hoc Air France operating affiliate. The affiliate will own a pool of spare engines dedicated to Air France’s...

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