Air France-KLM is a France-based holding company, which holds Air France and KLM. Through its subsidiaries, Co. is primarily engaged in providing scheduled and charter domestic and international air transportation for passengers and cargo. Co.'s three core businesses are: passenger transport,... More
Monday, Dec 102012, 6:15 AMVirgin Atlantic and Delta Air Lines (DAL) will reportedly form a code- and revenue-sharing agreement on transatlantic flights should the U.S. carrier buy Singapore Airlines' (SINGY.PK) 49% holding in the U.K. operator. Richard Branson isn't looking to sell any of his 51% stake in Virgin despite apparent interest from Air France-KLM (AFLYY.PK). (previous) |Monday, Dec 102012, 6:15 AM| Comment!
Monday, Dec 32012, 2:53 AMSingapore Airlines confirms widespread reports that it's in talks to sell its 49% holding in Richard Branson's Virgin Atlantic, with those reports saying that a potential suitor is Delta Air Lines (DAL). The U.S. carrier has been looking to acquire a stake in Virgin for over two years as it looks to gain access to the latter's lucrative landing slots at Heathrow Airport. Delta could tie up with Air France-KLM to buy the holding. |Monday, Dec 32012, 2:53 AM| Comment!