KLM, Schreiner Sign Agreement To Take Over KLM ERA Helicopters

KLM and Dutch partner Schreiner Aviation Group BV signed a letter of intent last week confirming Schreiner's takeover of KLM's 51% interest in KLM ERA Helicopters. The value of transaction remains confidential. Rowan Companies of the U.S. controls the remaining 49% of shares in KLM ERA, which...

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